The behavioural finance concept of "overconfidence" means:

Select one:

a.

Investors tend to analyse a situation in isolation, while ignoring the larger context

b.

Investors tend to draw strong conclusions about pruice trends from too small samples

c.

Investors tend to be frequently underestimate the level of risk in an investment

d.

Investors dislike losses more than they like gains

e.

Investors tend to ignore information which conflicts with their existing beliefs