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    How should history be used to take financial decisions

    Dec 16, 20241 min read

    • Further you back in history, the more general your learning should be.
      • General things like people’s relationship to greed and fear, stress and behavior with incentives
    • Specific trends, trades, knowledge about markets should be derived from immediate past

    Sources

    • (Done) The Psychology of Money - Highlights

    Related Notes

    • Experience leads to overconfidence more than forecasting ability
    • History cannot be used to predict the future

    Graph View

    • Sources
    • Related Notes

    Backlinks

    • Financial philosophies and lessons
    • Experience leads to overconfidence more than forecasting ability

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