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Post by Sapphire Capital on Jul 11, 2008 4:42:53 GMT 4
The Investor's Paradox: Making Intelligent Decisions Amid More Choices BRANDES INSTITUTE Brandes Investment Partners -------------------------------------------------------------------------------- June 1, 2008 Brandes Institute Research Paper No. 2008-03 Abstract: Having more choices is always a benefit - or is it? In the book The Paradox of Choice (New York: HarperCollins, 2004), Professor Barry Schwartz convincingly argues that the process of making constant decisions amidst a sea of overwhelming choice - be it health care options, televisions, or investment products - can and often does result in behavioral biases, stress, and poor decisions. In this article, we share insights from The Paradox of Choice and discuss the implications for investors. papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1144311_code1038980.pdf?abstractid=1144311&mirid=3
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