It Was Confirmation Bias That Overpriced My House, Not Me!

July 5th, 2012

Confirmation bias, what is it? I would say it is the psychological thing within most of us that colors our ability to admit we are wrong. I suffer from it mostly within the realm of investing. I am never wrong when I make an investment call, but of course, I am, many times. But I cannot admit it until its too late, because I am so smart, I cannot be wrong! So I wait until I lose even more, and then Read the rest of this entry »

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