The Seven Cardinal Mistakes of Investing
Why do even experienced investors repeatedly make poor decisions? This is the question explored in the current cover interview of the Pioneer Morning Briefing. Speaking with editor Philipp Heinrich, INVIOS Managing Director Nikolas Kreuz explains why our brains often work against us when investing — and how typical cognitive biases can be avoided. One of his key insights: “Our brain was developed to survive — not to invest successfully.” From a neurofinance perspective, Nikolas Kreuz explains the seven most common mistakes that cost investors returns — from overconfidence and herd mentality to excessive trading and inertia. At the same time, he shows why a structured investment process and control over one’s emotions are crucial for long-term investment success.
Read the full interview in the Pioneer Morning Briefing.