Cognitive biases can have a negative impact on an investor’s ability to make rational decisions, potentially derailing their investment goals. These mental shortcuts and distortions that we make ...
Learn how cognitive and emotional biases influence investment decisions, and learn some practical strategies to recognize, ...
Discover how emotional and cognitive biases affect investment decisions and learn strategies to identify and overcome these common pitfalls to optimize your portfolio.
The conventional wisdom in classical economics is that we humans are “rational actors” who, by our nature, make decisions and behave in ways that maximize advantage and utility and minimize risk and ...
On May 24, 2023, Steven Pinker and Richard Thaler, two of the world’s leading behavioral scientists, engaged in a wide-ranging discussion on rationality, AI, overcoming collective action problems, and ...
We all have cognitive biases — ways in which our thinking can be flawed, skewed, or driven by emotion rather than logic. Our cognitive biases serve a purpose: They develop out of a need to sort ...
Understanding how your mind actually works and thinks through problems reveals why you excel in some areas and struggle in ...
You might know your strengths but do you know the blind spots that repeatedly lead you astray without your knowledge?