Stock Market Institute I Trade With Market I Financial Institute • 8d
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Behavioral Finance examines how emotions and biases affect financial decisions, leading to irrational behavior. Unlike traditional finance, it acknowledges that people often make decisions influenced by psychology.
Key points include:
1. Loss Avers
Naval Ravikant (Angel Investor, Entrepreneur)
"Play long-term games with long-term people."
Success in startups comes from building relationships and thinking beyond short-term gains.