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| less than a minute read

Your Peers and Your Portfolio

A great bit of research demonstrating why individuals pay more attention - and are compelled to act - when looking at something in context with a peer group.

This is why peer-cohort comparisons in finance will be so much more effective than comparing one's performance to a benchmark or index.

Get after it @openfolioapp!

"We simply think more about any object or event that we experience simultaneously with someone who is similar to us."

Tags

wealth management