Investment mistakes

Assume someone makes an investment in a specific field. Others do the same as they follow him/her. This capital guidance is doomed to fail after a period of time.  “Why did you invest in this area?” some inquire. Everyone responds because he/she did it. What you get in the end is fascinating. The Abilene Paradox is a paradox in which a group of people collectively decide on a course of action that is contrary to the preferences of each individual. This occurs when each group member incorrectly believes that their personal decision is incompatible with the group’s will and, as a result, should refrain from expressing their opinion. This paradox is one of the most common investing blunders.

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