Know Your Bias: Understanding Hindsight Bias

Part of being a confident investor is knowing your own biases and how they affect your outlook on the word. Today, Paul opens up with a conversation about geo-political tensions to talk about “hindsight bias,” a phenomenon where—after the event happens—your brain convinces you that you it was going to happen all along. Paul explains it’s better to be patient and trust the process and instead of letting hindsight bias lead you into market timing. Later in the episode, Paul shares the most recent PWI newsletter that addresses some of the most pressing questions from investors and investor anxiety.

 

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