Investors and other financial market participants act in a less than fully rational fashion due to overconfidence.
Question:
Investors and other financial market participants act in a less than fully rational fashion due to overconfidence. on the other hand, other investors and other financial market participants who act in a more rational fashion may take advantage of the valuation mistakes made by irrational investors. Discuss comprehensively;the overconfidence, how these limitations affect investors' Decisions, which limitation has a greater impact on the investor's decisions, the different levels of investors rationality, and How rational investors take advantage of the valuation mistakes made by irrational investorsGeneral Instructions:
USE your OWN LANGUAGE
(You can find a lot of auto referencing websites on the internet) You need to include all the references you used