Investors often struggle to update their assessments based on new information because they rely on the first piece of information they encounter, such as an initial security purchase price.

Authors

• Person: Not available Organization: Financial Planning Association
  Understanding Behavioral Aspects of Financial Planning and Investing

Sources

• Understanding Behavioral Aspects of Financial Planning and Investing www.financialplanningassociation.org Financial Planning Association via serper

Referenced by nodes (1)

• anchoring concept