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If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable.
Daniel Kahneman
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"If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable."
— Daniel Kahneman #moneywealth

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If owning stocks is a long-term project for you, following their changes constantly is a very, very bad idea. It's the worst possible thing you can do, because people are so sensitive to short-term losses. If you count your money every day, you'll be miserable. — Daniel Kahneman

About Daniel Kahneman

Daniel Kahneman was a Psychologist from Israel (1934–2024).

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Frequently Asked Questions

Who said "If owning stocks is a long-term project for you, following their changes consta…"?
This quote is attributed to Daniel Kahneman, a Psychologist from Israel.
When did Daniel Kahneman live?
Daniel Kahneman lived from 1934 – 2024.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.