Behavioral Biases
I always thought and will always believe that investments are and will always remain an eclectic field. It is not restricted to ideas from the field of commerce, and that's what magnifies its beauty. Various ideas can be borrowed and successfully applied to the investment world, which can help you get the kind of return you want. One such field that has an overwhelming effect on your investments is psychology. In fact, the importance of psychology is such that when I asked an investor what I needed to understand prior to stepping into the investment world, to my surprise, he said commodities and psychology. 4 Years into the journey and I can't stop stressing upon the importance of psychology. Psychology is the protagonist that fuels the bull markets and creates bubbles like the tuple mania from 1673 or the recent Adani frenzy in 2020. It is also the protagonist that caused the Y2K fall or the 2008 crash. Believe it or not, psychology does give a rational and unemotional invest