the best investors are able to eliminate bias from their process.
- Is it a bubble because you were not long? Or are you not long because its a bubble?
- “This market is being irrational and will end poorly”. Is that because you see others winning? Maybe you are winning too but others are winning more so it must end poorly?
- “the war will cause a global recession”. When else did you hear this? Tarrifs? Covid? Ukraine?
- “its already gone up a lot, its due for a pullback”. Take a second to review past market winners that went up 10x and then 10x again over a multi year period. Its not about where it came from, but where its going to go.
- Are posts where someone says something remotely positive about stocks getting more negative feedback or vice versa?
IF THIS POST PISSES YOU OFF, ITS MORE IMPORTANT THAT YOU TAKE A SECOND TO REFLECT ON YOUR BIAS. I DONT MAKE THE RULES!
Ask yourself these questions to identify bias
byu/proctu ininvesting
Posted by proctu
3 Comments
A post about bias entirely criticizing bears is peak meme.
Take this down, semi haters are about to be fuming
Good points, I think TLDR is to remove emotions from the equation.
5. Honestly idk how to interpret this one. Sentiment shows expectations but also reactions (lagging indicator).