How to Become a Better Investor by Counteracting Bias
June 30, 2017
When it comes to investing, the knew-it-all-along effect can get in the way of acquiring actual knowledge. Also known as retrospective bias, this psychological phenomena leads people to overstate after the fact what they anticipated prior to their decision. This can happen when making investments, especially for novices who have not learned to monitor their decisions. Continue below to learn how to combat your biases and become a more successful investor.