Ever held on to a winning share for too long, giving back all that lovely profit? Sometimes we can learn from the experience, but if you think the problem was greed, I think you’re wrong.
Saying “I got too greedy” is a common example of distorted thinking. It implies that there is some ‘fair’ level of profit to which you should have been entitled, and that hanging on for more somehow offended against that principle….
Continue reading this article at the Motley Fool