3. Increased Patience and Long-Term Focus Understanding their psychological impact can help investor
3. Increased Patience and Long-Term Focus
Understanding their psychological impact can help investors and risk managers maintain a long-term focus, thus preventing short-term decisions motivated by emotions.
4. Better Decisions in Volatility
If investors know their emotional triggers, especially during these unstable market times, they would make more rational, informed decisions rather than acting out of panic or overconfidence.