59sec snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP487: Warren Buffett’s 12 Investment Principles (with a Case Study)

We Study Billionaires - The Investor’s Podcast Network

NOTE

Overconfidence in Investing

Overconfidence is the first investor bias I wanted to mention. Most investors are highly confident that they are smarter than everyone else, thus they have the tendency to overestimate their skills and knowledge. Overconfidence can lead to us making some really simplified and dangerous assumptions.

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