4min chapter

Bogleheads On Investing Podcast cover image

Episode 056: Dr. Daniel Crosby on the behavioral investor, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Four Biases of Overconfidence

Ego is the various flavors of overconfidence going back to my, you're not that great book. It's thinking that I'm better, faster, smarter, stronger. Over precision is thinking that we know more about the future than we actually do. conservatism is our tendency to be kind of status quo prone and lazy. attention is this tendency to confuse what is loud with what is likely.

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