For the average investor, the headlines don't look good right now. Stock markets are in turmoil, and the threat of a recession looms. And during this sort of economic volatility, our natural instincts ...
At birth, our minds are like blank sponges ready to absorb new information. Then, as we grow up, we may start to let some of what we’ve learned mess with how we take on new information. This is known ...
Confirmation bias happens when you unconsciously focus on ideas that match what you already believe. Possible reasons include wishful thinking, anxiety, info overload, and the need to protect yourself ...
Affinity Bias: We all have a natural tendency to gravitate toward people similar to us in terms of race, ethnicity, gender, age and lifestyle. This unconscious bias can lead us to hire people who look ...
We all have biases. They’re our brain’s way of reducing the energy it takes to deal with the terabytes of information thrown at us every day. We connect the dots, fill in the gaps with stuff we ...
Cognitive biases can pop up when your brain uses existing knowledge to make decisions quickly. In some cases, cognitive bias may lead you to make a snap judgment before thinking things through.
Working on self-awareness can help you realistically assess your strengths and weaknesses. Try to avoid blaming outside factors for negative outcomes. You can accept feedback and be open to ...