"Beginners in investment are often subjected to proverbial wisdom on the subject by friends and do-it-yourself manuals. Much of it is very bad for them, because it is false or only partially true. If you are able to spot the flaws in many of these arguments before they influence your approach to investment, you may avoid serious losses."
Fifteen favourite fallacies
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.