STREET DOGS: How confirmation bias is hazardous to your wealth
28 November 2019 - 05:04
"Your mind constantly seeks proof that will confirm your beliefs. If you have negative beliefs, your mind will seek to prove those negative thoughts. If you have positive beliefs, your mind will seek to prove those positive thoughts. Therefore, it is important to be mindful of our beliefs." — Akiroq Brost
"I don’t pay attention to negative market commentary," says Michael Batnick at The Irrelevant Investor. "I avoid it not because I want to stick my head in the sand and ignore potential warnings, it’s just that this type of content doesn’t make you a better investor...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.