5 common biases that can hurt your investment strategy

As an investor, it’s important to be aware of the biases that can impact your decision-making and potentially hurt your investment strategy. From anchoring bias and confirmation bias, to overconfidence bias and loss aversion bias, there are many common biases that can lead you astray. In this article, we’ll explore five of these biases, along with explanations, examples, and suggestions for how to overcome them. By being aware of these biases and taking steps to mitigate their impact on your decision-making, you can improve your investment strategy and make more informed, rational decisions.