I’ve posted Entry #160 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called The Common Theme in Our Saving and Investing Troubles.
Juicy Excerpt: In both cases, the big problem is that we humans focus too much on the short-term. We want to succeed at both saving and investing. But we give excessive weight to short-term feedback that misleads and discourages us.
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