Comments on: How to Handle Your Investing Overconfidence @NYTimes http://www.behaviorgap.com/how-to-handle-your-investing-overconfidence-nytimes/ Exploring the relationship between people and their money. Thu, 02 Sep 2010 20:03:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: MarkWolfinger http://www.behaviorgap.com/how-to-handle-your-investing-overconfidence-nytimes/comment-page-1/#comment-1027 MarkWolfinger Tue, 09 Mar 2010 06:52:18 +0000 http://www.behaviorgap.com/?p=1506#comment-1027 Yes. You can easily be too overconfident. The uneducated masses are over confident - until the market reaches the lows, then they sell.<br><br>The people who rely of being diversified are overconfident. they don't get how the modern world is all tied together and assets rise and fall in tandem - much more frequently than they did in the past.<br><br>Asset allocation? A joke. Sure it helps, but not like in the good old days.<br><br>What's needed/ Assurance. Guarantees that your assets are protected. It's available, but too few are aware that it's here and cheap. Yes. You can easily be too overconfident. The uneducated masses are over confident – until the market reaches the lows, then they sell.

The people who rely of being diversified are overconfident. they don't get how the modern world is all tied together and assets rise and fall in tandem – much more frequently than they did in the past.

Asset allocation? A joke. Sure it helps, but not like in the good old days.

What's needed/ Assurance. Guarantees that your assets are protected. It's available, but too few are aware that it's here and cheap.

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