Editor’s note: Read the latest on how the coronavirus is rattling the markets and what investors can do to navigate it. When making investing decisions, it may seem like we have to predict the future.
Advisors consider “recency” bias one of the most pernicious examples of biases affecting their clients’ decision-making, according to a new study from Charles Schwab Investment Management. The “BeFi ...
This is the ninth article in the Behavioral Finance and Macroeconomics series, exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...
For all the talk about how political and media bias distort people’s perceptions of current events, another kind of bias may have an even greater impact: Recency bias. Put simply, recency bias is the ...
Do you know what “recency bias” is? If so, when was the last time you had a heart-to-heart conversation with yourself about it? Recency bias isn’t complicated. It is the tendency we have to take ...
Advisors consider “recency” bias one of the most pernicious examples of biases affecting their clients’ decision-making, according to a new study from Charles Schwab Investment Management. The “BeFi ...
For all the talk about how political and media bias distort people’s perceptions of current events, another kind of bias may have an even greater impact: recency bias. Put simply, recency bias is the ...