The Silent Killer of Rational Investing
The most effective strategy for me to combat confirmation bias is to have the courage to consider opposing opinions and assess their merits. Additionally, besides confirmation bias, recency bias is another damaging psychological bias.
Agree with keeping an open mind. It can be difficult to do though when you have put in hours of work to form an opinion. Agreed on recency bias
The most effective strategy for me to combat confirmation bias is to have the courage to consider opposing opinions and assess their merits. Additionally, besides confirmation bias, recency bias is another damaging psychological bias.
Agree with keeping an open mind. It can be difficult to do though when you have put in hours of work to form an opinion. Agreed on recency bias