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Discuss types of biases that result in investors making active choices that are less than optimal. In...

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Finance

Discuss types of biases that result ininvestors making active choices that are less than optimal.

In contrast to the biases discussed inthe previous question, certain types of biases can yield less thanoptimal choices by individuals.

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Answer & Explanation Solved by verified expert
4.2 Ratings (612 Votes)
The various types of investment biases faced by an investor are as follows Confirmation Bias This is also known as the First Information Bias Here the investor already makes a decision based on the    See Answer
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Discuss types of biases that result ininvestors making active choices that are less than optimal.In contrast to the biases discussed inthe previous question, certain types of biases can yield less thanoptimal choices by individuals..           

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