Everything on Psychology

The 'anchor effect' in investing leads traders to focus on historical price levels (e.g., a stock that was once 100 euros) rather than current fundamentals, leading to poor exit strategies.

Impact: Avoiding the anchor effect allows for a more objective assessment of a company's current value and prevents holding losing positions too long.

— from Hungarian Politics, Global Markets and German Dividend Trends · Leben mit Aktien | Der Podcast für Anleger mit Weitblick· Apr 15, 2026