Infinite Loops cover image

Paul Craven — Behavioral Science & Decision Making (EP.47)

Infinite Loops

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Confirmation Bias

Bad news sells so well. People naturally want to read about pessimism. Confirmation bias is possibly, in investment terms, the most pernicious bias of the hundred or more biases that we allegedly suffer from. If you had another portfolio to day, same sort of mandate and guide, an setting up from scratch with new money, wouldn't you buy this stock for the second day? I guess it someo. Is it some sort of confirmation bias? I don't no, it probably is. Atually, it's probably i'm worried about this, this,. this, this, this. And a man hears what he wants to hear and disregards the rest. The sun cost

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