Dunning-Kruger
Investing
16 Nov 2023
Dunning-Kruger Effect: Overconfidence in Incompetence
In the realm of psychology, few concepts have garnered as much attention as the Dunning-Kruger Effect.
Loss Aversion
Investing
16 Nov 2023
How Loss Aversion Shapes Our Choices
In the intricate world of human psychology, certain phenomena have a profound impact on our decision-making processes. One such phenomenon is loss aversion.
Action Bias
Investing
16 Nov 2023
Action Bias: Understanding the Drive to Act
In today's fast-paced world, the term "Action Bias" has become increasingly significant. This cognitive bias, often intertwined with phrases like "bias for action" and "bias towards action," refers to the inclination of individuals or organizations to favor action over inaction, especially in decision-making processes.
Cognitive Dissonance
Investing
16 Nov 2023
Cognitive Dissonance: Understanding the Inner Conflict
In the landscape of psychological phenomena, cognitive dissonance stands out as a particularly intriguing cognitive bias.
Incentive-Caused Bias
Investing
9 Nov 2023
Incentive-Caused Bias and The Principal-Agent Problem
Incentive-caused bias is a term that doesn't often make headlines, yet it silently shapes decisions, behaviors, and outcomes across various facets of our lives.
Status Quo Bias
Investing
9 Nov 2023
Understanding Status Quo Bias
What is status quo bias exactly? At its core, the definition of this cognitive bias boils down to our irrational preference for the current state of affairs—the tendency to want things to stay the same.
Information Bias
Investing
9 Nov 2023
Information Bias: Is More Information Always Better?
It's a common belief that more data leads to better decisions. Yet, this is not always true. Enter the concept of information bias, a cognitive bias that seduces us into thinking that more information is always merrier.
Anchoring Bias
Investing
9 Nov 2023
How Anchoring Bias Affects Our Everyday Judgments
Welcome to the pervasive influence of anchoring bias, one of the most common cognitive biases.
Hindsight Bias
Investing
9 Nov 2023
Understanding Hindsight Bias: Why We Think We Knew It All Along
Have you ever watched a game show, convinced that you knew the answers all along, especially after they're revealed?
Sunk Cost Fallacy
Investing
9 Nov 2023
Sunk Cost Fallacy: A Roadblock to Rational Decision-Making
In the realm of economics and psychology, the "Sunk cost fallacy" looms as a common cognitive bias that entangles individuals and businesses alike, leading to poor decisions.
Recency Bias
Investing
9 Nov 2023
Recency Bias: Understanding Its Impact on Our Decisions
In the ever-changing landscape of information and experience, our brains have developed shortcuts to help us process the vast amounts of data we encounter every day.
Endowment Effect Bias
Investing
9 Nov 2023
Unpacking the Psychology of the Endowment Effect
The endowment effect doesn't just shape the decisions we make regarding tangible items like mugs or clothing; it extends its reach into the complex domain of investing, where it can have significant and sometimes surprising effects on investor behavior and market outcomes.
Groupthink
Investing
9 Nov 2023
Groupthink: Navigating the Consensus Trap
When decisions need to be made within a group, there's a powerful psychological force that can lead to a surprisingly uniform way of thinking.
Confirmation Bias
Investing
7 Nov 2023
Confirmation Bias: How Our Minds Skew Reality
Confirmation bias, a psychological phenomenon where individuals favor information that confirms their pre-existing beliefs, is particularly occurring in the domains of investing and business.
Confirmation Bias
Investing
7 Nov 2023
Cognitive Bias: Navigating the Mind's Hidden Judgments
What is cognitive bias, and why does it matter in our everyday decisions and interactions? Cognitive biases are systematic patterns of deviation from norm or rationality in judgment.
Unit Economics: A Cornerstone of Business Success
Investing
2 Nov 2023
Unit Economics: A Cornerstone of Business Success
In the ever-evolving landscape of business and investing, understanding the fundamentals is crucial for success. Among these fundamentals, "Unit Economics" stands out as a cornerstone.
Quartr Pro hasn't just improved our efficiency, it's helped us become better listeners, better thinkers, and more curious investors.
Thomas O'HaraInvestment Director, GAM Investments