Case Study 2: Greed and the Dot-Com Bubble

Case Study 2: Greed and the Dot-Com Bubble

Scenario

In the late 1990s, greed fueled the rapid rise 로얄살루트 38년산 of internet stocks, leading to the dot-com bubble.

Psychological Impact

Investors chased high-flying tech stocks, ignoring fundamentals and contributing to an unsustainable bubble.

Lesson

Recognizing greed can help investors avoid speculative bubbles and focus on long-term value.

Case Study 3: Overconfidence and Overtrading

Scenario

A day trader, confident in their abilities, engages in frequent buying and selling of stocks.

Psychological Impact

Overconfidence leads to excessive risk-taking and high transaction costs, resulting in poor overall performance.