Stocks climbed to fresh record highs Monday, led by tech, as investors braced for a widely expected Fed rate cut on Wednesday.
We encounter people all the time that ‘just want to learn more about the stock market’ or ‘I wish I knew more about money.’
Recency bias occurs when people more prominently recall and emphasize recent events and observations than those in the near or distant past.
“Outcome bias refers to the tendency of individuals to decide to do something—such as make an investment in a mutual fund—based on the outcome of past events (such as returns of the past five years) rather than by observing the process
Youth can be such a beautiful thing. It implies hope, learning, growth, dreams, aspirations to change the world.
Self-attribution bias is a long-standing concept in psychology research and refers to individuals’ tendency to attribute successes to personal skills and failures to factors beyond their control.
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