1. Discuss one cognitive bias that is involved in investment decisions by individuals or corporate decisions by managers.[10 Points]

• Each discussant should clearly state the bias (for exampleoverconfidence)
• Provide an example. This should be related to investment or corporate finance. You may use one from the three article or from outside (such as from the web). Make sure that you provide the source.Clearly state how this fits in with the bias. Also, how one could try to avoid this.
• Each discussant should provide only one example.