Question
In your role as investment consultant, you have recently taken on the following 2 clients. In 4-5 sentences for each client explain the bias(es) exhibited
In your role as investment consultant, you have recently taken on the following 2 clients.
In 4-5 sentences for each client explain the bias(es) exhibited by the person and identify your approach to advising them.
Jessica has the following characteristics as an investor:
1) researches the market and believes she can forecast market movements, however her information is very limited
2) obsessed with trying to beat the market and tends to hold concentrated portfolios
3) tends to cling to a view about the market when new information is presented to her.
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