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Elephant herd
Elephant herd
(AdrianHillman/Getty Images/iStockphoto)

The five deadly behavioural sins for investors

Almost every investor has attempted to copy the Warren Buffett stock selection strategy at one time or another. Most fail, not because they’ve misunderstood the simple technique but because the psychological discipline necessary to implement the strategy is extraordinarily difficult.

Understanding behavioural economics is at least as important to investors as stock-picking methodology so, with the help of invaluable investing blog Psy-Fi, I’ll list the five deadly psychological sins of investing in an effort to help investors sidestep the limitations of the human brain.