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Feeling Anxious About Your Investments?, with Scott Nations
Afford Anything
Is Financial Literacy a Solution to Avoiding Investor Biaces?
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Is gaining financial literacy a solution to the problem of falling prey to our investor biaces? Or is that a smoke screen, or simply another way to deceive ourselves into believing that we are more rational than we actually are? Basic financial literacy is one of the ways, isone of the very best ways an investor can avoid some of the biases. And one of the particular biases is information overload. When stocks are really bouncing around, when they are very volatile, it seems like there's bad economic news every day.
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