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Is “Group Think” Mentality Hurting or Helping Investors?

Is “Group Think” Mentality Hurting or Helping Investors?

In the African savanna, or in the deep blue sea, following the herd isn’t just a good idea, it can be a lifesaver for vulnerable animals looking for protection from predators.

On Wall Street, investors want protection, too, but seeking shelter by following the herd can leave you more exposed than protected.

It’s a fine line and thus the “herd mentality” deserves a good definition.

Source: Is “Group Think” Mentality Hurting or Helping Investors?