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  • 3/1/2022
Earl Davis in Brooklyn says - We feel it is necessary to understand, and ideally overcome, common human cognitive or psychological biases that frequently contribute to poor decisions and financial mistakes in order to be a long-term successful investor. We are all prone to taking shortcuts, oversimplifying complex issues, and being overconfident in our decision-making process because cognitive biases are 'hard wired.' Understanding our cognitive biases can help us make better decisions, which, in our opinion, is critical to reducing risk and increasing long-term financial returns. Key cognitive biases that can lead to poor financial decisions are discussed below.

Also Read: https://earldavisbrooklyn.weebly.com/blog/earl-davis-brooklyn-understand-investor-biases-behavior

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