The same emotions a golfer feels on the course after making a double bogey is similar to the feelings investors get when they see an investment holding take a big one-day decline. Recent massive drops from Microsoft (NASDAQ: MSFT ) and Boeing (NYSE: BA ) , when those stocks fell more than 11% and 7% during a single day, are just two recent examples.
But as in golf, not acting on those emotions, letting the one bad hole roll off your back, and simply playing your game and sticking to a long-term mind-set is usually the best path to take.
Fool contributor Matt Thalman has more in the following video.
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