048 - How to Avoid the Investment Trap of Decision Finality
Update: 2022-06-27
Description
Decision finality is when you become more certain about a decision when you can't undo it. You're far more certain your horse will win after you place a bet on it than before. How does decision finality affects our investment process and how can we avoid it? Or prevent it from causing us to make a bigger mistake?
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gbusch@amminvest.com
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