Beware, these biases might be hurting your investments

Welcome for your detox. Since we are our biggest enemies in our daily lives, our prejudices often jaundice our investing life too. This is why we have compiled a list of deeply-embedded biases that are holding us back in the money department. Don't believe you have any shortcomings? Feel free to evaluate yourself with an open mind. In a few minutes, you may come out of it as a better investor than right now. Conservatism bias Confirmation bias Hindsight bias Illusion of control bias Loss aversion bias Self control bias Status quo bias Regret aversion bias Suggested read: Charlie Munger's mental models: Lessons to learn

This article was originally published on December 06, 2022, and last updated on December 08, 2022.