11 mins read
Why Do Stock Traders Lose Money?
Want to make money trading stocks? To separate yourself from the crowd, you need to understand why most traders lose money and what the ones who win do differently.
Read MoreLatest Articles
What Daniel Kahneman Thinks Investors Should Know
11 mins read
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.
9 Cognitive Biases You Need to Understand to Master Your Money
The world is very complicated. We are constantly presented with new information - every minute of every day - and we have to subconsciously
Beginner’s Guide to Logical Fallacies (With Examples)
L:ogical fallacies are reasoning errors that weaken your argument. Learn what fallacies are and how understanding them can benefit you.
10+ Best Behavioral Finance Books to Read
17 mins read
No True Scotsman Fallacy – Definition and Examples
No true Scotsman occurs when someone defends a generalization by redefining the criteria and dismissing examples that are contradictory.
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.
What Is The Loaded Question Fallacy? Definition and Examples
The loaded question fallacy is a question containing an implicit assumption - that is unverified or controversial.
Circular Reasoning: Definition and Examples
3 mins read
The Role of Family and Culture in Personal Finance: Navigating Different Values and Beliefs
Family and culture play a huge role in your financial perspective. Learn how to communicate with people who have different backgrounds.
The Sunk Cost Fallacy And How It Can Ruin Your Decisions
Sunk cost fallacy is a cognitive bias that causes people to include non-recoverable past costs in their decision-making process.
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.
