What You Can and Can't Learn From Animal Spirits

In the 1930s, John Maynard Keynes wondered why people often make impulsive decisions when it comes to money. He chalked it up to “animal spirits,” coining the term we now use to describe abandoning a good investment because of your fight-or-flight instinct or herd mentality convincing you to pile into a bad investment…
Source: DailyWealth