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Define the anchoring bias. When evaluating stocks, what should investors do to avoid or minimize the chance of anchoring bias? Give an example of how
Define the anchoring bias. When evaluating stocks, what should investors do to avoid or minimize the chance of anchoring bias? Give an example of how anchoring bias has affected your own professional or personal decision making.
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Anchoring bias is a cognitive bias where individuals rely too heavily on the initial piece of information the anchor when making decisions or judgment...Get Instant Access to Expert-Tailored Solutions
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