Tag: Cognitive Biases
Riding the Market Waves: Demystifying the Illusion of Control in Investing
In the grand casino of the stock market, there’s a subtle yet pervasive bluff that even the savviest investors sometimes fall for – the Illusion of Control. It’s like believing you can command the rain to stop just because you bought an umbrella. This cognitive hiccup makes us overestimate our power to control events, particularly…