I have been having a recent email exchange with a Unovestor. I was persuading him to consider more reasonable returns from his investments. His comments: "If I cannot expect even 15 to 18% returns from equity or mutual funds then what is the point of investing in them. Even real estate investment held over long periods of time can give 15% returns." Now, there are … [Read more...] about Stuck in the absolute – How bias affects our decisions?