Investing is like taking a journey on a train. If you board the right one, it can take you smoothly to your financial destination. However, if you find yourself on the wrong train—whether it’s a poorly chosen investment, an underperforming stock, or an asset that no longer aligns with your...
History is filled with tales of human ambition and folly, but few are as emblematic of speculative mania as the story of the Tulip Mania of 1637. This peculiar period in Dutch history saw the humble tulip—a flower prized for its beauty—become a symbol of wealth, a vehicle of speculation,...
Behavioral finance is a relatively new field of study to see how psychology and emotions influence financial decision-making. This field of study has grown in popularity recently as researchers have begun understanding how our emotions and biases can impact our financial decisions. As rightly explained by Hersh Shefrin, “Behavioural...