If I was rational enough to pick only stocks that would go up, I’d become successful regardless of how little willpower I had, as long as it was enough to pick up the phone and call my broker.
Availability of investing is NOT a disproof that akrasia is NOT the complete explanation. Successful investing is rationality+financial education+a lot of work (Buffett is rumored to read an incredible amount of accounting statements), and hence subject to akrasia.
Availability of investing is NOT a disproof that akrasia is NOT the complete explanation. Successful investing is rationality+financial education+a lot of work (Buffett is rumored to read an incredible amount of accounting statements), and hence subject to akrasia.