Overconfidence Bias: The Hidden Risk in Financial Planning & Investments
Автор: 1 Finance
Загружено: 2022-10-26
Просмотров: 1864
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Do you think you're better at making financial decisions than you actually are?
Overconfidence bias is one of the most dangerous psychological traps in personal finance and investment planning. Even the smartest investors fall into this trap, leading to risky investments, poor tax planning, and financial miscalculations.
In this episode, Nitesh Buddhadev - Chartered Accountant & Wealth Management Expert, explains:
What overconfidence bias is and how it affects financial decision-making
How it leads to poor investment planning and financial risks
The importance of personal financial planning to avoid costly mistakes
Proven strategies to overcome overconfidence bias and make smarter money choices
Financial success is about planning wisely.
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