Groupthink; Bad for Investments? | Vernon Litigation Group

For this week's video series, Founding Partner, Chris Vernon speaks about Groupthink and how it may lead to the derailment of your investment strategy and in turn, your overall investment success. ¹Groupthink is a phenomenon that occurs when a group of individuals reaches a consensus without critical reasoning or evaluation of the consequences or alternatives.

“It is the mark of an educated mind to be able to entertain a thought without accepting it.” -Aristotle

Vernon Litigation Group is a law firm that represents clients in courtroom litigation, arbitration, including FINRA arbitration and mediation throughout the United States. Our lawyers have significant experience pursuing claims against brokerage firms/ financial advisors/ registered investment advisors. Please contact us to discuss your rights if you believe a Registered Investment Advisor has failed to act in your best interests or otherwise abused your trust. You can reach us at (239) 319-4434 or email Brooke Sandoval-Banker at bsandovalbanker@vernonlitigation.com.

¹Kenton, Will. “Understanding Groupthink.” Investopedia, Investopedia, 22 Aug. 2019, www.investopedia.com/terms/g/groupthink.asp.

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