Thanks to Credit Writedowns for pointing us in the direction of this excellent video on investor psychology. Mauboussin is a money manager at Legg Mason and is always worth listening to:
About Post Author
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.