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BUZZING· 78%40m·2022-03-16·Money
BUZZING· 78%40m·2022-03-16·MoneyBear in Mind: Cognitive bias in investing
Many Happy Returns · 9
Cognitive biases can impair investment decisions and cause us to make costly mistakes. We discuss the different biases, how to mitigate their impact, and even how to profit from bias in the market. We discuss loss aversion, the endowment effect, anchoring bias, the bandwagon effect, survivorship bias, and confirmation…
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