The cognitive bias of results-oriented thinking is a crucial topic in investing, but it seems to be little discussed in the investment world.
Good post.
I think pre-mortems are quite valuable for investing. I have a tendency to warp my memories to fit my current narrative. Laying out what I think will happen and how I will make money makes it easier to be objective.
Dean
Good post.
I think pre-mortems are quite valuable for investing. I have a tendency to warp my memories to fit my current narrative. Laying out what I think will happen and how I will make money makes it easier to be objective.
Dean