7 Behavioral Biases That May Hurt Your Business

206 Words1 Pages
Behavioral finance is combined social and cognitive psychological theory with a financial theory to explain the movements of the stock markets such as rises and falls on the securities. The article “7 Behavioral Biases That May hurt your business”, discusses the seven biases that can affect investing performances. The articles also explain that these behaviors can cause a negative impact on an individual financial position. Also, provides a way to overcome these behavioral biases. Also, the article suggests it’s best for an investor to discuss with their advisors about market expectations and how to manage their emotions to make the right decisions for their financial future. I will discuss two biases that are mentioned in the article. The