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Are Investors Rational? Lessons From the Late Daniel Kahneman

Many Happy Returns

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Challenging Beliefs and Investing Pitfalls

The chapter explores cognitive dissonance and the challenge of confronting opposing beliefs, particularly in investing. It discusses common cognitive pitfalls in investment decisions, such as attributing success to skill and overlooking the impact of fees. The narrative also touches on Kahneman's background, academic influences, and insights into improving decision-making amidst noise and biases.

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