LibraryScenariosWhen perfectionism becomes the enemy of profit
Scenario

When perfectionism becomes the enemy of profit

I keep switching between investment strategies every few months because I cannot stand being wrong, but this constant changing is guaranteeing I will be wrong.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

The inability to tolerate being temporarily incorrect prevents commitment to any strategy long enough for it to succeed.

Ideas that help explain it
Worth thinking about

“Where Are You with Behavioral economics — biases in financial decisions?”

If this sounds familiar, the Library can help you find the bigger picture.