Learn to Value Stocks in 6 Weeks
Over time, you may have encountered scenarios where your judgments were influenced more by specific information rather than general statistical data. This cognitive error, known as the Base Rate Fallacy, or Base Case Fallacy, occurs when you
Just because a coin has landed on heads five times in a row doesn’t mean it’s due to land on tails next; this is a classic example of Gambler’s Fallacy. This cognitive bias leads you to believe
Sunk Cost Fallacy often arises when you find yourself irrationally committed to a decision based solely on prior investments. The sunk cost fallacy occurs when you continue pursuing a failing endeavor because you have already invested time,
