The article considers the impact of high inflation on investors' behavior and transformation of their strategies under conditions of macroeconomic instability. The data on inflation and key rate in Russia in the period of 2022-2025, as well as changes in the stock and commodity markets are analyzed. Strategies of investor behavior at high inflation are revealed: investments in precious metals, in real estate, in commodities and portfolio diversification. Keywords: inflation, investment strategy, investments, investor behavior, key rate, stock market.
Afanasyeva et al. (Fri,) studied this question.