Daniel Kahneman: Investors Should Consider A “Regret Proof” Policy To Overcome Loss-Aversion

Johnny HopkinsDaniel Kahneman, Investing PsychologyLeave a Comment

Here’s a great article from Morningstar in which Daniel Kahneman provides financial advisors with advice on how to better steer clients towards their investment goals using a “regret proof” policy. The policy could also be adapted by individual investors in managing their own portfolios. Here’s an excerpt from that article: Finding out how people tick is a vital part of the … Read More