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.