Herd behavior, where individuals follow the actions of others under the assumption that the majority is correct, can lead to market exuberance, overvaluations, and price bubbles in investing.

Authors

• Person: Bill Rainaldi Organization: Security Mutual
  Behavioral Economics, and How it Affects Your Financial Decisions ...

Sources

• Behavioral Economics, and How it Affects Your Financial Decisions ... smlny.com Bill Rainaldi · Security Mutual via serper

Referenced by nodes (1)

• investing concept