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Mind Over Money: Overcoming Cognitive Biases in Investing
Compound Everything
30 minutes 28 seconds
1 year ago
Mind Over Money: Overcoming Cognitive Biases in Investing
Behavioral finance is the study of how psychological influences and cognitive biases affect the financial behaviors of investors and financial practitioners. This week, we explore three common cognitive biases that can derail your investment strategy: recency bias, representativeness, and the gambler’s fallacy. Discover how these mental shortcuts influence your decision-making and learn how overcome them. This is not education or advice, but is simply for entertainment purposes only