Investor Bias - BEWARE
I recently read two Tony Robins books, MONEY Master the Game and Unshakeable.
They were fascinating.
There was a chapter where Tony talked about investor bias and in particular:
- Confirmation bias
- Recency bias
- Negativity bias
- Overconfidence
- Greed
- Lack of diversification
While we are still operating from a million-year-old lizard brain, we need to understand how these biases affect our investment decisions.
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