They look to other people for signals about what to buy, sell or avoid. Largely influenced by herd mentality and recency bias. Their openness lets them spot emerging opportunities early, and also makes them change strategies often.
The InfluencerIdeas travel through people
The TrendsetterCatches change early
The DiscipleBelieves in the story
The HeraldFollows what is workingCrowd-Driven Investors naturally look to other people for signals about what to buy, sell, or avoid. Their behavior is largely influenced by herd mentality and recency bias–as well as comparison–causing them to place significant weight on the actions of other investors.
When it comes to investing, they often rely on recent market trends and the opinion of others. Consequently, a crowd-driven investor might adjust their portfolio based on market sentiment. They often discover investment ideas through social media, news headlines, friends, or popular market commentators, and they can be quick to join fast-moving trends. While their openness allows them to identify emerging opportunities early, it also makes them vulnerable to making mistakes or changing strategies too frequently.
Outside investing, they tend to be socially aware, adaptable, curious, and highly connected to current events. They enjoy discussing ideas with others and often seek reassurance before making important decisions. They generally thrive in collaborative environments and enjoy being part of communities.
MBTI types frequently associated with this family include ENFP (Campaigner), ESFP (Entertainer), ENFJ (Protagonist), and ESFJ (Consul).
It is important to mention that MBTI is a personality type test, whereas your IDNA is a behavioral finance profile. There is no established scientific evidence that specific MBTI types consistently correspond to particular investing behaviors. The archetypes in this quiz are based on decision-making patterns and cognitive biases, rather than personality types. So, although each family has certain MBTIs assigned to them, any personality type could exhibit said behaviors.