We try and avoid negative information (a lesson in stock market trading)

πŸ’Ž We try and avoid negative information (a lesson in stock market trading)

Figure 5.2. People’s desire to know their own worth is related to market performance. The black line represents the S&P 500, and the gray line represents the number of times people logged on to their accounts to check on their stocks. When the market goes up, people are more likely to take a peek at the value of their holdings than when it goes down.

Excerpt from:Β The Influential Mind: What the Brain Reveals About Our Power to Change Others by Tali Sharot

Facebook Comments

Product Geek?

Join over 5,000 product geeks and get one email every Monday containing the best excerpts I've read over the previous week.

See some of what you're missing...