Have you ever wondered why the anchors and the stock market experts on business channels make so many predictions day in and day out? And why they are so happy to make these predictions?
Or what gives you a natural high while predicting the future of the stock markets, or stocks you hold or are about to buy?
Neuroscientists lay the blame on ‘dopamine’ – a chemical in our brains that helps us figure out how to take actions that will result in rewards at the right time.
It’s the release of dopamine in our brains that gives us that high to make the next prediction, and the next one.
It gives us the pleasure of expecting our predictions to turn out true in the future. Like the pleasure you’d derive from predicting the Sensex over the next 12 months, and also expecting your call to turn out true!
[Read more…] about What’s Your 12-month Target for the Sensex?