According to a study from the Journal of Behavioral Finance, nearly 74% of investors overestimate their investment skills. Why do so many individuals feel so assured in their decision-making despite the signs of overconfidence bias at play?
CWA Planner Angie Svitak joins this episode of the summer series exploring biases. Overconfidence bias is the tendency to overestimate judgments, knowledge or abilities beyond what is objectively reasonable. She joins this episode to help recognize the signs, address them, and prevent this bias from negatively affecting your investment decisions and financial plan.
Have questions or ideas for Hunter and Judson? Reach out at cainwatters.com/wealth. Don’t miss an episode, subscribe and leave the guys a review on Apple Podcast, Spotify, or wherever you listen.
