Top Investor Mistakes

By on December 6, 2010

Charles Wallace comments on a new book by Meir Statman entitled, “What Investors Really Want.”  Statman is an expert in behavioral finance and lists the top 10 mistakes investors make:

1. Hindsight Error

2. Unrealistic Optimism

3. Extrapolation Errors

4. Framing Errors

5. Availability Errors

6. Confirmation Errors

7. Illusion of Control

8. Anger

9. Fear

10. Affinity of Groups

Source: DailyFinance

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