Are You Biased?
Of course, you are! We all are. We just don’t want to admit it. The biases we have are so hidden and yet, so effective, that they pretty much control how we think, speak and act in many situations. That’s a pretty tall claim, I know. In my life and in my corporate experience, I have often found that those who feel they are objective or unbiased often have deep-rooted biases that they think actually make them unbiased! Ironical, isn’t it? Such is the nature of cognitive bias (as psychologists call them) that it spares no one on its path. They can stop you from investing efficiently. They are enemies on your path to financial independence.