Thursday, September 28, 2023

Added: CICT (Sep 2023)


Added 27,000 shares of CapitaLand Integrated Commercial Trust (CICT) at $1.88 on 21 Sep 2023.

This bring my total shares of CICT to 41,000.

Reason for buying:

1) Similar to why I buy it on 2 Mar 2023

2) Anchoring effect on price at $1.88

The anchoring effect is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the “anchor”) when making decisions. During decision making, anchoring occurs when individuals use an initial piece of information to make subsequent judgments.