Out of the Frying Pan and Into the Fire Out of the frying pan and into the fire describes the situation of moving from one bad situation to one that is worse. For many investors who finally come to their senses and decide to abandon Wall Street volatility, most jump into a worse situation by […]
In the field of psychology, the Dunning-Kruger effect is a cognitive bias (a person’s distorted reality) in which people with low ability overestimate their ability and underestimate those with higher abilities. The effect is to create a wide gap between what the person perceives is the difference between their skill level and the skill levels […]
The COVID-19 pandemic and the new social norms brought about by its devastating effects have created a different breed of investors who treat the stock market as a virtual Vegas. Bored Millennials bored stiff from the COVID-19-induced quarantine and social distancing aren’t just throwing bricks in the streets, they’re throwing virtual bricks at all investing […]
