A set of rules to develop a behavioral edge – Part 5
Our mind searches for confirming evidence that we are right and shies away from contrary evidence.
confirmation bias
Your investment style may be stuck in a bad grove in a changing world
It’s not that the contrary views aren’t there. We just ignore them.
Why is it so difficult to change our view of things?
When we own a stock, let’s face it, we love to see articles and reports that confirm our positive view of our investment. It’s human nature. It makes us feel good. On the flip side, we tend not to see or notice negative opinions.
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