Overconfidence is a behavioral bias where individuals believe they are more knowledgeable or better at investing than they actually are, which impairs their ability to make sound investment decisions based on objective facts.

Authors

• Person: Not available Organization: ATB Wealth
  5 common behavioural investing biases - ATB Financial

Sources

• 5 common behavioural investing biases - ATB Financial www.atb.com ATB Wealth via serper

Referenced by nodes (2)

• overconfidence bias concept
• investment decision-making concept