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3min chapter
Behavioral Finance: Action Bias 101
UBS On-Air: Market Moves
Navigating Action Bias in Financial Decision-Making
Exploring the pitfalls of the action bias in finance, the chapter advises on recognizing when to refrain from impulsive reactions and opt for inaction. It highlights the benefits of seeking guidance from financial advisors to maintain rationality and align decisions with long-term financial objectives.
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