Rational Versus Intelligent Investing
Rational Versus Intelligent Investing This article is intended to help investors understand their own rationality while drawing a distinction between intelligence and rationality. We can judge our own intelligence, but then we must also evaluate and improve our individual rationality based on the effectiveness and appropriateness of our past behaviors and decisions. Background An article in the Sunday 9/18/2016, New York Times, entitled “The Difference between Rationality and