Social proof -- the tendency to do what others do -- evolved to help humans survive in groups. In investing, it causes you to buy what is popular (expensive) and avoid what is unpopular (cheap). The m...
Social proof -- the tendency to do what others do -- evolved to help humans survive in groups. In investing, it causes you to buy what is popular (expensive) and avoid what is unpopular (cheap). The most crowded trades are usually the worst trades.
Lesson Locked
This Lesson Is For Paid Subscribers
Subscribe to access the full lesson, commentary, and your day-by-day course progression.