Overconfident investors trade 25% more frequently than their peers, costing them 4% in annual returns. This episode explores the overconfidence bias, discussing how it leads to risky decisions such as under-diversifying investments or disregarding expert advice, and its adverse long-term effects on financial plans. CPA Angie Svitak joins this episode to explore how this bias impacts investment decisions and how to tame overconfidence.

LINKS

cainwatters.com

Submit a Question

Facebook | YouTube | Instagram