Countering Effects of Confirmation Bias

Jason Zweig, author of the Wall Street Journal’s Intelligent Investor column, wrote an interesting article regarding confirmation bias for today’s paper. Confirmation bias refers to the tendency of individuals to seek out information that confirms preconceived opinions or ideas. This tendency can exist in all aspects of life but is particularly dangerous when it impacts investment decisions. Read this article for more information and to view a video on confirmation bias.

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