3min chapter

Investing With IBD cover image

Ep. 200: David Keller: Why Investors Need To Beware Of The Bias

Investing With IBD

CHAPTER

How to Avoid Confirmation Bias

Arusha: What other areas of confirmation bias do you just have to be careful of? You know, when Arusha was telling his his sketches story, I mean, it kind of gets back to that whole confirmation bias. A lot of times we just we keep it in a position just because it's there and not because the evidence justifies it. So for me, I literally with newer investors, with financial advisors that are trying to formalize their investment process, I literally have them write it down here are the seven questions you need to answer.

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