Herding is where a group of investors gather together and decide their stock selection/decisions for the month.

Name: Herding is where a group of investors gather together and decide their stock selection/decisions for the month.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Herding in finance refers to investors following the actions of other investors rather than making decisions based on their own analysis. It does not necessarily involve a formal gathering or collective decision-making for stock selection.

Herding Is Where a Group of Investors Gather Together and Decide