Serious investment behavior takes quite a long time to know the final result
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Serious investment behavior takes quite a long time to know the final result
In a long period of time, there will be successful speculators in the stock market, and there will inevitably be more successful investors, but there will be no successful gamblers. But why do people still enjoy it when they clearly know the result of losing nine out of ten bets? Psychologists have explained this through experiments on mice. In short, people (including rats) tend to get immediate rewards rather than delayed rewards. Gambling and investment behavior perfectly reflect the difference between the two in this attribute. Gambling can bring immediate results (whether losing or winning), while serious investment behavior takes quite a long time to know the final result.
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