Human biases are an innate part of us, so we have to learn to navigate them. Otherwise, they'll throw monkey wrenches into your life and finances.
Awareness is the key to being able to do this. And once you're able to slow down and see what's going on, you'll be able to make much better investing decisions and understand why other people are acting they way they are.
Today we discuss 3 cognitive biases that have a direct impact on investing.
- Herd Mentality
- Overconfidence
- Confirmation Bias
The others will be covered in part 2 in the next episode.
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
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