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Owen has an investment portfolio. You notice that 8 0 % of his portfolio is invested in a single stock. When you ask Owen about
Owen has an investment portfolio. You notice that of his portfolio is invested in a single stock. When you ask Owen about it he notes that he works in the same industry and knows a lot about it so he is sure that the stock will increase in price significantly. Which of the following biases may Owen be exhibiting?
a
Illusion of control
b
Conservatism
c
Statusquo
d
Cognitive dissonance
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