Stock investment should avoid excessive self-confidence
PeacockHermosa
Jun 14
Column of the opinion leader of the new wave (Bkopleader), a columnist Why do individuals make excessive positive judgements about their own capabilities? Scholars have proposed two interpretations: the first is based on motivational bias, self-confidence and psychological benefits for themselves, such as excessive self-confidence that enhances people’s self-esteem; and the second emphasizes that the cognitive process may sometimes result in direct bias. Excessive self-confidence is one of th...
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