Economic TimesLean R·
Fred Kelly’s timeless investing lessons: Why the crowd is usually wrong
Most investors feel safest when they move with the crowd. They buy stocks after prices have surged because everyone else is buying, and panic-sell when markets tumble because everyone else is rushing for the exit. But according to renowned investor and psychologist Fred C. Kelly, this instinct is precisely why the majority of investors fail.In his classic book, "Why You Win or Lose: The Psychology of Speculation", Kelly argued that successful investing isn't about predicting the future better t…
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