“What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact."
Perhaps the most unhelpful of the psychological flaws we are prone to as investors is confirmation bias.
Our desire to seek out information that reinforces our existing beliefs and to reject anything that undermines our prejudices is powerful and dangerous.
Tom Stevenson Telegraph 10 November 2017
More about the stock market at IntCom.
Our desire to seek out information that reinforces our existing beliefs and to reject anything that undermines our prejudices is powerful and dangerous.
Tom Stevenson Telegraph 10 November 2017
More about the stock market at IntCom.
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