Silver as an investment

Category Archives: Confirmation Bias

Every Single Cognitive Bias In One Infographic

The human brain is capable of incredible things, but it’s also extremely flawed at times. Science has shown that we tend to make all sorts of mental mistakes, called “cognitive biases”, that can affect both our thinking and actions. These biases, as Visual Capitalist's Jeff Desjardins points out, can lead to us extrapolating information from […]

People Ignore Facts That Contradict Their False Beliefs

Authored by Eric Zuesse via The Strategic Culture Foundation, The more people there are who ignore facts that contradict their beliefs, the likelier a dictatorship will emerge within a given country. Here is how aristocracies, throughout the Ages, have controlled the masses, by taking advantage of this widespread tendency people have, to ignore contrary facts: What social scientists call “confirmation bias” […]

TRUMPED: Understanding Cognitive Biases in the Markets

As investors and traders, if we want to be good at what we do, we need to be objective.  We can’t get emotional.  We all know this, but – it’s not easy!  Humans are emotional creatures and that’s why we trade algorithmic systems.  We want to make money, and not have huge losses.  The best […]