The Trouble with Following the Herd

What would you do if you saw a crowd of people running away from something? You'd probably start running away yourself. Fear and survival take over and you take off! This common response in our brain, called the amygdala, is how we're hardwired to survive a crazy world. But is it always for the best? In this episode, we talk about how this herd mentality can lead you off a financial cliff. Compounding your wealth is to do the exact opposite of how your brain is hardwired. Listen as we discuss how to combat this response to help benefit you. As Sir John Templeton said, "Bull markets are born on pessimism...". Here's to wise investing, Brett Pattison and Brian Hunsaker