7min chapter

Bloomberg Intelligence cover image

China, Insurance and Hawaii, Walmart, and Banking

Bloomberg Intelligence

CHAPTER

Cognitive and Emotional Biases in Financial Decision-Making

This chapter explores the cognitive and emotional biases that can impact financial decision-making, such as overconfidence, loss aversion, recency bias, and attribution bias. The hosts provide practical advice on how to overcome these biases and make better financial decisions, including topics like drawing down an IRA and creating an estate plan.

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