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Posted on Jun 13, 2024

In a practical money management context, what is confirmation bias? How is it applied to investment selection? Can you just explain in a paragraph what

In a practical money management context, what is confirmation bias? How is it applied to investment selection?

Can you just explain in a paragraph what confirmation bias is and then relate to how it influences investors' decisions and also some examples?

This is just for studying purposes and is much appreciated!

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