The AI (ChatGPT) Stock Investing Handbook: Avoid Herd Mentality

Here is the response from ChatGPT for the prompt do not follow the herd when picking stocks entered on January 16, 2023

It's important to conduct independent research and not to rely solely on the opinions of others when picking stocks. Following the "herd" mentality can lead to making investment decisions based on emotions rather than facts. It's also important to diversify your portfolio, by investing in different types of assets and industries, to spread risk and increase the chances of gaining returns.

It's also good to note that the stock market is influenced by a variety of factors and can be unpredictable, so it's important to have realistic expectations and not to invest more than you can afford to lose. It's also recommended to consult with a financial advisor to understand your financial goals and risk tolerance before making any investment decisions.