An interesting study published in Science recently found that people frequently underestimate their future selves. When asked to score their current preferences, values and personality traits compared with how they felt 10 years ago and how they will feel 10 years in the future, people believe they changed more in the past than they will in the future. It didn’t matter whether the participants were teenagers or middle-aged; people just assume that their present selves [...] The Move Costing Investors Big-Time appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .