Confirmation bias leads investors to focus primarily on information that supports their existing beliefs while dismissing contradictory evidence, creating a feedback loop that reduces the perceived need to question mental accounting processes.

Authors

• Person: Not available Organization: William & Mary Online
  5 Behavioral Biases That Can Impact Your Investing Decisions

Sources

• 5 Behavioral Biases That Can Impact Your Investing Decisions online.mason.wm.edu William & Mary Online via serper

Referenced by nodes (1)

• confirmation bias concept