Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it. When making investing decisions, it may seem like we have to predict the future.
This is the ninth article in the Behavioral Finance and Macroeconomics series, exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...
For all the talk about how political and media bias distort people’s perceptions of current events, another kind of bias may have an even greater impact: Recency bias. Put simply, recency bias is the ...
Investors can have emotional – and sometimes irrational – reactions to market activity, often due to behavioral biases. As an advisor, it's important to identify these so that you can provide the ...
Log-in to bookmark & organize content - it's free! RAND Corporation Strategy Director Jennifer Kavanaugh discussed the ideas of cognitive bias and examples such as motivated reasoning, recency bias ...
"Shark Week" is an annual block of TV programming on Discovery. It runs July 23 to July 29 this year. Perhaps the most famous shark — the fictional great white from the 1975 Steven Spielberg summer ...
"Recency bias" states that more recent memories come to mind more quickly. But specific ideas and objects that have “stood the test of time” can overcome recency bias. How do we take longevity into ...