Behavioural Finance
Ninad RamdasiCategories: DSIJ_Magazine_Web, DSIJMagazine_App, Letters to Editor, MF - Letter to Editor, Mutual Fund
The cover story titled Money 'Disorders and You' was quite impactful and was clearly able to relate to my thoughts. But I would wish to know how to overcome these money disorders.
The cover story titled ‘Money Disorders and You’ was quite impactful and was clearly able to relate to my thoughts. But I would wish to know how to overcome these money disorders.
- Sushil Bhat
Editor Responds
Thank you for writing to us. Investment and financial planning is purely a quantitative activity. However, our behavioural bias can severely impact our investment decisions. Our cover story has elaborated how to overcome each of such biases. One thing that first needs to be done is to accept that you suffer from any such bias and start taking conscious decisions. Only then can you overcome them!