NO CHAT GPT Subsequently, you are tasked with writing an internal report for your manager who is keen on using

behavioural finance to improve client relations. The report should address two behavioural biases you

believe are most prevalent among the firm's clients.

For each bias, provide the following:

$$ An analysis of how this bias typically affects investor behaviour.

$$ Specific examples of how the bias might impact client decisions and portfolio management.

$$ Recommendations on strategies the firm could use to mitigate the negative impacts of these biases

on investment decisions.

NB: Your report should demonstrate a clear understanding of the chosen $2$ biases and offer practical,

actionable advice for the firm.