If you're investing for the long term, why not just find a spot you're comfortable with on the way down and invest money in an index fund while the market is down? A recession is the perfect time to invest, isn't it?
But it's literally a heavily studied question in decision theory, and there are tons of statistics that people are too scared by the potential consequences to fight for their own right, when they know they're innocent.…
If you're investing for the long term, why not just find a spot you're comfortable with on the way down and invest money in an index fund while the market is down? A recession is the perfect time to invest, isn't it?
But it's literally a heavily studied question in decision theory, and there are tons of statistics that people are too scared by the potential consequences to fight for their own right, when they know they're innocent.…