Overconfidence bias causes retail investors to overrate their skills and market knowledge, which leads to high trading volume and poor diversification, according to Barber & Odean (2000).

Authors

• Person: Not available Organization: Journal of Management and Strategy Research
  The Influence of Behavioral Biases on Investment Decisions

Sources

• The Influence of Behavioral Biases on Investment Decisions jmsr-online.com Journal of Management and Strategy Research via serper

Referenced by nodes (3)

• overconfidence bias concept
• Retail Investors concept
• diversification concept