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Use these 6 Daniel Kahneman principles to avoid losing money

Use these 6 Daniel Kahneman principles to avoid losing money
Use these 6 Daniel Kahneman principles to avoid losing money
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Daniel Kahneman, behavioural psychologist.

Synopsis

Daniel Kahneman, the author of Thinking, Fast and Slow, revealed our thinking fallacies to us. We pay homage to him via outlining some of his principles that can help investors in preventing monetary loss.

Of all the species on the planet, human beings are arguably the ones with the best cognitive abilities. What evolution gives, life tests and sometimes severely — our ability to make good decisions. Daniel Kahneman, who passed away on Wednesday (March 27) at the age of 90, told us that our ability to make good decisions is not as easy as it appears. We rely too much on intuition for decisions that need deep and analytical thinking. Nowhere is
( Originally published on Mar 28, 2024 )
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The Economic Times