We are emotionally reactive to real-time portfolio losses (opening a brokerage statement and seeing losses triggers negative emotion), which impairs decision-making, but this emotional hijacking is exacerbated by social media showing others' sudden gains.
causalpending
Speaker
Dan ArielyEvidence Quote
“you go you open your portfolio you discover that one of your investment lost a lot you know and you can't help but ask yourself why did I do this so I feel terrible I'm really sad”
Source
The Many Ways Our Irrational Minds Sabotage Our Wealth | Dan Ariely, Behavioral Economist— WealthionCreated: 8/12/2026, 6:45:07 PM
My Notes
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