Capital Perspectives: Countering ambiguity bias
Capital Perspectives: Countering ambiguity bias By: Chas Craig Guest Columnist April 20, 2021 Chas Craig – Ralph Waldo Emerson We regularly interweave behavioral finance into this capital markets-focused column because overcoming or succumbing to our psychological tendencies can have as much to do with investment success, or the lack thereof, as does competent fundamental analysis. Specifically, excessive self-regard, over-optimism and availability misweighing were highlighted through the lens of Charlie Munger’s The Psychology of Human Misjudgment. Munger is vice chairman of ...