Overprecision
Update: 2024-08-19
Description
We’ve all done it before: get so sucked into an idea that we miss the big picture. It happens in the markets time and again. Author and expert in behavioral investing Daniel Crosby has a term for it: Overprecision. He defines it as “excessive certainty in the precision of private beliefs”.
Read more here: https://insightwealthgroup.com/the-weekly-insight-overprecision/
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