Emotions In Motion: Making Decisions In Difficult Times

Emotions In Motion: Making Decisions In Difficult Times by Tom Macpherson, Dorfman Value Investments

“Emotions are jolted by too much information and the wrong type of information. That’s the problem today – too much information that has nothing to do with value.” –  Goldman Sachs

“There are three emotions that will really do you in as an investor – hope, greed, and fear. The first two will lock you in making you think you are a real genius while the third eviscerates your investment return. You can never fully avoid these, but strengthen yourself to take advantage of them.” – John Rutherford

“Only when you combine sound intellect with emotional discipline do you get rational behavior.” – Warren Buffett

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