Tools, practices and methods
The world is full of amazing tools that may be perfectly suited to accelerate our journey, but often we only discover them through chance encounters, and can lose years being stuck in sub optimal loops.
Our endeavor is to catalog a growing list of tools and eventually match them to you based on your context.
Diversification Strategy
Diversification strategy, in the context of behavioral economics, refers to the practice of spreading investments across different asset classes or sectors to reduce risk and increase the likelihood of positive outcomes. This strategy recognizes that investors are subject to cognitive biases and emotional influences that may lead to irrational decision-making, such as overconfidence, loss aversion, or herd behavior. By diversifying their portfolios, investors can mitigate the impact of these biases and enhance their overall investment performance.
Help us build this list, please suggest any tool / method or practice that you know.