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Others are just like me
By Taking Care Of My Own Business  •  June 30, 2015
We have the tendency to overestimate the degree to which others agree with us; therein making thistendencyjust another of those predictable patterns of thought and behavior that lead us to draw incorrect conclusions. Psychologists call this the False Consensus Bias. Let me ask you: “Is agreeing with the masses the best course of action when it comes to investing in the stock markets?” As Carl Jung said, “Masses are always breeding grounds of psychic epidemics.” Hence, expert investors would answer that question with a ‘No’ and claim that they stray from the herd. That, however, is easier said than done. That said, think carefully for a moment about your sources of information: Do you read the same newspaper, research the same websites, talk to the same people, and review the same type of research reports, repeatedly? Or do you allocate time to entertain new ideas, even at the risk of wasting time on intellectual dead-ends? Why? ......
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By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
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