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| I have a few big losing one! Listening to my boss' trading recommendations... | |
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i try to avoid listening to other people - or at least be selective in who i listen to.
the human brain is too easily persuaded by others, even irrationally so. i had people talk me out of investments with their negativity (even though they knew zero about stocks) or convince me to buy duds with their enthusiasm. i learned that most people don't know what they are talking about and are overly confident in their opinions.
now i try to avoid hearing stock recommenations (esp. on youtube!).