This is the second article in a series on the psychology of the investor to set the picture type of the rational investor.
The text is excerpted from Mickael Mangot: "6 psychological errors that are costly.
" Portrait of rational investor
(...) Here is a picture of what could be the rational investor par excellence. Obviously, it is a chimera largely inaccessible to ordinary mortals. However, its usefulness is not zero. One can also use it as a model to which it would be wise to tender. We present its behavior in different situations.
2. The rational investor and the collection of information
The rational investor (IR) will seek information wherever he can find. He reads the press in-depth economic and financial analysts to notes provided by brokers, is trying to get others on the Internet, navigating the forums fellows ...
Especially, IR is not concerned that some values, it looks almost all! Small, large, cyclic, or technological performance, none is a priori unknown . "
Value and Profit: As we have seen previously, analysis of notes should not be the sole source of your research. They can refer you to an area, give you ideas ... but never buy a value of "only" because you read a positive analyst note on a particular title: you must do your homework and investigate yourself on the title.
Finally, we believe there are also some excellent blogs that can also be a good source of inspiration for the individual investor rationality.