Recency bias, where the events of right now cloud our memory of the more distant past and thoughts of the future, is a dangerous factor in decision-making, whether you are buying a house or a share
As humans we are a mess of contradictory cognitive biases that often cause us to make poor decisions, even as we think we're evaluating the available data with a clear head.
Recency bias is perhaps the worst of the many cognitive biases. Simply put, it means we give recent events far more importance than they actually deserve, while ignoring or downplaying older, as well as future, data points...If you have already registered or subscribed, please sign in to continue.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH | Chris Brown jams to Costa Titch's 'Big Flexa' hit songChris Brown joins the 'Big Flexa' challenge and he did a good job too!
Read more »
Radio diamond Nia Brown sparkles and makes her voice heardAt the age of 19, Nia Brown packed her bags and moved to Joburg in 2011 with a dream of taking over the small screen as an actor, but destiny had other plans for her.
Read more »
Big changes for the world’s most important oil price – what you need to knowThe world’s most important petrol price is about to change for good, and it will have an impact on global markets.
Read more »
Secrets financial planners want you to know[ADVSIOSR VIEW] Financial planners use the rule of 72. This rule is explained in the link below by: Maria Smit - BrenthurstSA. Moneyweb InvestingTips
Read more »
Barca's First 2023/24 Signing 'Revealed' | Soccer LadumaAlready?! 🧐 Barcelona reportedly know who their first signing for the coming season will be. SLInt MORE:
Read more »