FYI: Everyone has a formative memory of something that happened early on in their investment career – and it becomes a memory they just can’t shake. Whether it’s inflation, deflation, bull or bear market, a bubble, a crash – these are the episodes that color our thinking forever.
In Michael’s latest post, he looks at how dependent our investment biases are on the time at which we started. Michael and Josh discuss their own experience and formative memories on this all new episode of Live From The Compound!
Regards,
Ted
https://thereformedbroker.com/2018/11/08/can-investors-ever-shake-their-earliest-memories/
