Peter Mallouk
Quote
There is ample evidence that confirmation bias permeates throughout investors' decisions. For example, once an investor likes a stock, he is likely to seek out information that validates that stock. In a 2010 study, researchers showed that investors used message boards to seek out information that validated rather than challenged, stocks they owned (Park et al. 2010). If we own a stock, we tend to look for anything that validates our decision to buy it, and to reinforce why we should keep holding it.
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Related word tools
Section of a curve
?
A
?
R
?
C
Hint 1 meaning
The apparent arc described, above or below the horizon, by the
sun or other celestial body. The diurnal arc is described during the
daytime, the nocturnal arc during the night.
Hint 2 anagram
ACR
Hint 3 another clue
AID WHEN GOING TO COURT
6 +1