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What Daniel Kahneman Thinks Investors Should Know
Daniel Kahneman gives a great breakdown of 6 cognitive biases and illusions that affect both our everyday lives and our investing success.
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10+ Best Behavioral Finance Books to Read in 2023
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Money Scripts: Understanding Your Relationship With Money
Money scripts are the unconscious beliefs you have about money. Learn what yours are and how they affect your financial decisions.
The Psychological Factors Affecting Our Financial Decisions
Whether you are budgeting or investing, you are grappling with several psychological factors affecting your financial decisions.
The Ultimate List of Cognitive Biases
Did you know that there are over 175 different cognitive biases? Thankfully, there's an easy way to classify and understand them. Here it is.
Anchoring: How We Cling to the First Piece of Information
Anchoring is a cognitive bias that describes the human tendency to overly rely on the first piece of information we find or is offered to us.
Loss Aversion: How We Fear Losses More Than Value Gains
Loss aversion is a cognitive bias, or a systematic pattern of thinking, that refers to our natural inclination to focus on setbacks more than progress.
Dunning-Kruger Effect: How Low-Skilled People Overestimate Their Own Abilities
The Dunning-Kruger effect is a bias whereby people with low ability in a certain area tend to overestimate their capability in that area.
Logical Fallacy vs Cognitive Bias – What Is The Difference Between Them?
Even though both fallacies and biases are very different from each other, they are both typically concerned with the same issues - errors in reasoning.
Red Herring Fallacy: Definition and Examples
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Straw Man Argument (Logical Fallacy): Definition and Examples
Straw man argument is a type of logical fallacy that occurs when someone deliberately distorts or misrepresents their opponent's position.
Ad Hominem: When Personal Attacks Become Fallacious
Ad hominem fallacy is based on personal and irrelevant attacks against the source of an argument instead of addressing the argument itself.
Tu Quoque Fallacy – Definition and Examples
Tu quoque fallacy occurs when someone's argument is discredited solely based on the allegation that their past actions or words are not consistent with their views.
Burden of Proof Fallacy: Who Has the Burden of Proof and Why?
Burden of proof fallacy occurs when one abuses their burden of proof by attempting to shift it to someone else.
Appeal to Emotion Fallacy: Definition and Examples
Appeal to emotion occurs when someone uses emotional appeals instead of relevant facts and logic to support a claim.
Appeal to Authority Fallacy: When and How Is It Wrong to Rely on Experts?
The appeal to authority fallacy occurs when one misuses the testimonies of perceived authorities in an attempt to back up a certain claim or position.
