Browse & Filter Biases

Showing 187 biases.

Too Much Information

We are drawn to details that confirm our own existing beliefs

Ostrich effect

Description

The attempt to avoid negative financial information by ignoring it.

Ostrich effect in business decision

An investor avoids checking their portfolio value during a market downturn to prevent feeling anxious, potentially missing opportunities to rebalance or cut losses.

Ostrich effect in personal life decision

You avoid looking at your bank statements when you suspect your spending has gotten out of control.