From Morningstar: 2024-08-19 10:08:00

Investors tend to chase performance, buying high and selling low due to recency bias. The largest US stocks by market capitalization have seen significant turnover over time, with highflyers experiencing spectacular returns before underperforming after joining the top 10 list. Successful investing involves avoiding recency bias and FOMO, focusing on long-term strategies.



Read more at Morningstar: Don’t Let This Investing Bias Lead You Astray