Being aware of who you are is perhaps the most critical (but the most ignored) step in your investing journey
Updated on: 08-Dec-2022 •Ashish Menon
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
How is property transfer through PoA taxed?
