Afford Anything cover image

Why Investors Need a Latticework of Ideas, with Morgan Housel

Afford Anything

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The Single Greatest Challenge of Investing Bias

Confirmation bias is the propensity to only accept advice and information that confirms your existing beliefs. It's not as bad as in politics, but it's pretty darned close and there, i think. Paul Whitaker: How do you balance having your own investment philosophy with not falling for your own biaces? And b, i think it you've identified probably the single greatest challenge of behaviora fin.

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