Deciding how to invest your money
Tap on each bias to see questions and techniques to prevent it
Following the crowd without independent analysis
May follow popular investments without analysis
Feeling losses more strongly than equivalent gains
Fear of short-term loss may keep you from sound investments
Overweighting recent events over historical patterns
Recent performance may dominate expectations
Over-relying on the first piece of information received
First price seen or purchase price may anchor your valuation
Believing past random events affect future probabilities
May expect reversals after streaks
Noticing something everywhere right after you first learn about it
An asset that keeps appearing feels like a moving market