Anchors aweigh! How to stop your investment decisions being all at sea
The Dow Jones Industrials index has broken through 17,000 points for the first time while the S&P 500 is close to 2000. In the UK, the FTSE 100 is closing in on 7000. Do these round numbers matter? They shouldn’t but thanks to one of investment’s most dangerous behavioural biases they probably will. The FTSE


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