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The Recency Bias: Why Your Subconscious Is Wreaking Havoc On Your Investment Portfolio
If you’re like many investors, a subconscious bias is currently wreaking havoc on your investment portfolio.
Recognize this and a whole new world of opportunities will open up to you.
Here’s why…
Psychological studies confirm that we all have biases. Yet we’re generally unaware of them.
When it comes to investing, few of them do more harm than “recency bias.” This is the tendency of investors to extrapolate recent events into the future indefinitely.
The Recency Bias Creates a “New Era” of Growth
When technology and Internet stocks were hot in the late 90s, for example, investors began talking of a “New Era” of limitless…
16Jan2009 | Investment U | 0 comments | Continued
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