Behavioral biases can sometimes cloud our judgment and lead us to make irrational decisions. That’s especially true when it comes to investing. It is impossible to predict what tomorrow will look like, and our perceptual distortions can make a difficult situation – like a down market – even worse. Check out how behavioral biases, such as anchoring, recency bias, and overconfidence can influence you and your investments.
Understanding Behavioral Bias
Detalus and its affiliates do not provide tax, legal, or accounting advise. You should consult with your tax, legal, or accounting advisor before engaging in these types of transactions.
This material was prepared by Oechsli Institute, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.