Set forth below is the text of a comment that I recently posted to the discussion thread for one of my columns at the Value Walk site:
Emotions matter to you because that has been what has driven your behavior. You did not save enough and your retirement plans failed. You then started to blame other people and things for your failure and when people pointed out how you were wrong, you got embarrassed and decided to double down on the poor behavior. As a result, you got kicked off all major financial boards and people no longer talk to you.
Yes, it is no wonder why you focus on emotions.
For me, I focus on the numbers, results and facts.
What number do you use to adjust for the overvaluation present in the nominal market price today?