Bias in investment is a critical issue that impacts both individual and institutional investors. The purpose of this essay is to provide an overview of the different types of bias, how they can impact investment decisions, and steps investors can take to mitigate their effects. There are three primary types of bias: cognitive biases, emotional biases, and behavioral biases. Cognitive biases are judgments or perceptions that are not logically based on the available information. For example, su...