Anchoring bias happens when individuals become too focused on the first piece of information that they receive (the “anchor”) when making decisions, even if the information is irrelevant or outdated.
Discover how anchoring bias in investing impacts stock valuation and leads to common mistakes in the market with insights on ...
Let’s have some fun and start off with a little quiz. Take out pen and paper and write down the answers to the following two questions: (1) How old are you? (2) How many people worldwide died in major ...
Our subconscious mind will use almost anything to "help" us think and make decisions. Be alert or be led astray.. Source: Shutterstock Want to make better decisions? Be alert to the troublesome ...
The human mind is prone to a range of cognitive biases that can distort decision-making and lead to investment outcomes that fall short of expectations. When investing, the human mind is both an asset ...
CrowdStrike stock dropped 32% due to recent IT outage, management denies hacker involvement, but the damage to the company's reputation may never fully recover. Market may not immediately adjust ...
For the average investor, the headlines don't look good right now. Stock markets are in turmoil, and the threat of a recession looms. And during this sort of economic volatility, our natural instincts ...