It is value we should seek, not the cheapest thing we can find.

How is my Financial Health, Doc? - A podcast by Vu Kiet Tran

Categories:

The seventh installment in the serie on Behavioral Finance. Achieving Cheap at all cost. A race to the bottom is not the same as a race to find value. In fact, getting the cheapest you can find of everything is refusing to recognize opportunity cost. Beware of such cognitive bias!