Muhammad Ali, “I don’t always know what I’m talking about, but I know I’m right.”
This quote from the greatest of all time, Muhammad Ali, sums up our next behavioral bias, “Confirmation Bias”. In other words, we start with a view of a particular topic and then search for information that upholds that view. From real-world examples in sports and the news, to how this bias may impact your investment portfolio, confirmation bias is real.
BFSG Shorts: Confirmation Bias
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