In this video, Radhika Gupta, CEO of Edelweiss AMC takes us through the various behavioral financial biases that exist in mutual fund investing and while investing in general.
Behavioral bias is not a complex sounding investment theory. It is a concept that has intrigued researchers around the world. The core of this theory is very basic. Because of our experiences, conditioning and personalities we think in certain and follow certain non-existent thumb rules. Be it in investing or life, biases make us do things which are sometimes illogical and irrational.
In this video you will learn about 5 basic behavioral biases, how they impact mutual fund investing and how you should avoid them. The five behavioral biases are:
2. Loss Aversion
3. Choice Paralysis
5. Herd Mentality
In case you want to learn more about additional tips that you should consider when investing in mutual funds, you can visit https://www.edelweissmf.com/investor-…