Curious Investor Behaviour - Number 6
Conservatism Bias
People tend to cling tenaciously to an opinion. Even when circumstances have changed, most people find it...
Curious Investor Behaviour - Number 7
Hindsight Bias
The mind seems to retain information in a series of compressed narratives, and to update "history" as...
Curious Investor Behaviour - Number 6
Anchoring
Faced with uncertainty, investors will grasp at any fixed point of reference when forming opinions. In a classic experiment, behavioural psychologists Kahneman...
Curious Investor Behaviour - Number 9
Cognitive Dissonance
When there is a conflict between our beliefs and reality, we tend to rationalise irrational behaviour.
Cognitive dissonance...