Making your choices based on what the majority of investors do can lead to unpleasant consequences: this effect, known as the ‘herd effect’, is well known and studied by behavioural finance.
Beauty Flow" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0/
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02.08.2024
Duration: 01m 20s
Topic: Behavioural finance
