Anchoring - Biggest Investing Mistakes Part 1

Anchoring is one of the biggest investing mistake we make. Anchoring is defined as a behavioural finance concept where we use irrelevant past stock prices (anchors) that impact our current decision making and usually lead to mistakes. When you anchor your decisions on stock prices you let the market be your guide, instead it has to be your servant. Want to know more about what I do? https://goo.gl/MQG2k5 Full-time independent stock market analyst and researcher! STOCK MARKET RESEARCH PLATFORM (analysis, stocks to buy, model portfolio) Stock Ideas and Analyses for The Small Investor: https://goo.gl/GdKEoe I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More at the Sven Carlin blog: https://svencarlin.com/ Check out Modern Value Investing YouTube: https://www.youtube.com/c/InvestwithSvenCarlinPhD