Francis Gingras Roy explains the six most common investment biases and provides tips on how advisors can help clients deal ...
Anchoring bias is the tendency for investors to rely ... "Scarcity refers to a cognitive bias that influences decision-making by placing an exaggerated emphasis on the limited availability of ...
Both types of bias can undermine decision-making. As a long-term investor ... as the basis for holding their investment position. Anchoring occurs when investors rely too heavily on the first ...
Embrace collaborative decision making. Leadership is not an individual ... Cognitive biases such as confirmation bias, anchoring, and overconfidence skew your thinking and push you to make the ...