Jerome's investment performance has not been very good. He studies behavioral economics to get a better understanding of his poor performance and finds that, like many other people, he was more likely to buy stocks (contributing to market performance)

Question

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Studies have shown that people tend to be more optimistic and confident on sunny days, leading to increased investment in the stock market. However, this behavioral bias overlooks the rational understanding that market performance is not affected by weather.

Jerome's Investment Performance Has Not Been Very Good