Tag: Trading
Unmasking Information Bias
The Art of Seeking Knowledge Welcome to the Weekly Wizdom Cognitive Corner! Today, we are diving into the fascinating world of information bias and its impact on investor psychology. So, grab your thinking caps and let’s explore how understanding this bias can help us become better traders. The Allure of Information As humans, we have…
The Endowment Effect: Understanding Investor Psychology and Becoming a Better Trader
As human beings, we have a tendency to place a higher value on things we own compared to those we don’t. This cognitive bias, known as the Endowment Effect, has significant implications for investor psychology and can greatly impact our decision-making as traders. In this blog post, we will explore the concept of the Endowment…