Anchoring Bias in Investing – The Trap of Sticking to Old Prices
Meet Ravi and Suresh, two friends who started investing in the stock market around the same time. Both of them recently bought shares of Alpha Ltd. âž” Ravi bought the stock at ₹800 per share. âž” Suresh bought it later at ₹950 per share. A few months down the line, Alpha Ltd’s share price fell […]