‘First investment decision an utter disaster…’: Why Shankar Sharma warns against falling for recency bias in gold

Gold price today: Veteran stock market investor Shankar Sharma cautioned investors against falling prey to recency bias — especially when it comes to investing in gold.

In a candid post on social media platform X (formerly Twitter) on May 28, Shankar Sharma shared a personal anecdote from his teenage years, recounting how his very first investment decision — putting money into gold — turned out to be, in his own words, an “utter disaster.”

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