##*Please do it well.*## {{Thanks}}

***Investors and other financial market participants act in a less than fully rational fashion due to cognitive limitations, overconfidence, and emotions. on the other hand, other investors and other financial market participants who act in a more rational fashion may take advantage of the valuation mistakes made by irrational investors.***

(Discuss comprehensively)

The Questions:>> 1*** which one of them has a greater impact on the investor's decisions*** 2***.How rational investors take advantage of the valuation mistakes made by irrational investors.***