"I would imagine having clinical depression probably also erodes conviction/patience to hold investments so the overall benefit may not be that great"
The traits of humility and skepticism inherent in depressed people may indeed be negated by the more inhibiting feelings of demotivation and apathy. However, a state of depression is arguably more malleable than the single most common factor for overconfidence and over-optimism in investing; being male.
"I would imagine having clinical depression probably also erodes...
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