Your two best friends each tell you about a person they know who successfully started a small business. You conclude that if they can do it, so can you. This is an example of conservatism bias representativeness bias loss aversion mental accounting

Your two best friends each tell you about a person they know who auccesstuly started a amalt businuss. You conclude that if thay can do it, so can you. This is an exarnole of comervatiem bias repretentathenese blas low aversion imental accoumting