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These cheap ugg boots discounted traps can cause an otherwise cheap ugg kid boots rational investor to act irrationally and potentially put their gains at risk.
Behavioral traps are so prevalent that I've divided this list into three different articles. In this article, I'll discuss eight of the most common traps out there and how you can recognize (and avoid) them.
Familiarity bias. One of the biggest reasons people lose out financially is they stick with what they know, despite much better cheap ugg classic cardy boots options available. For instance, you might visit a big box retailer one week and think it may be a great investment because of how busy it seems. However, this feeling doesn't mean there aren't retailers with much better performance metrics, even if you don't shop there. , 2006). Samuelson Zeckhauser, 1988) has been well known for 25 years.
Confirmation bias. This is the tendency to surround yourself with information that validates your point of view while dismissing any evidence that conflicts with your reasoning. For all you people still watching your Sony Sony cheap ugg shoes uk Betamax, you know what I mean. , 1959).