Why are investors so cocky? Biased memory might play a role
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is an independent, nonprofit publisher of commentary and analysis, authored by academics and edited by journalists for the general public. On听a mission 鈥渢o promote truthful information and strengthen journalism by unlocking the rich diversity of academic research for audiences across America,鈥 they听publish short articles听by academics on timely topics related to their research. 91福利社 provides funding as a member of The Conversation U.S.
Stock investors may selectively forget their money-losing stocks, according to new research. Overconfidence is often a contributing factor to market crashes, like the financial crisis of 2008.听Philip Fernbach,听associate professor of marketing听in the Leeds School of Business, and听INSEAD colleague Daniel Walters share on The Conversation.
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