Tag: affect heuristic
The Affect Heuristic in Investing: Navigating the Emotional Rollercoaster
In the world of investing, decisions are often driven by a multitude of factors. While objective analysis and data play a crucial role, there is another powerful force at play – our emotions. This phenomenon is known as the affect heuristic, where our emotions heavily influence our decision-making process, sometimes at the expense of rationality.…