Overconfidence is the belief in one's ability to predict market trends or investment outcomes, which often results in risky financial behaviors; this can be countered by seeking feedback from trusted sources and relying on data rather than intuition.

Authors

• Person: Not available Organization: North American Company
  Factors that can affect financial decision-making - North American

Sources

• Factors that can affect financial decision-making - North American www.northamericancompany.com North American Company via serper

Referenced by nodes (1)

• overconfidence bias concept