The curse of overconfidence

How to overcome your overconfidence to make the right investment decisions

Larissa Fernand 17 July, 2019 | 2:34AM

Easter Island monuments

If you are even remotely interested in behavioural finance, you would have come across studies that invited readers to answer questions along the lines of: Am I better than average in getting along with people? Am I a better-than-average driver?

The results would have the majority answering positively to such questions. Ironical, because only half can be better than the average. But aren’t we a cocky and confident species? 

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Larissa Fernand  Larissa Fernand is Senior Editor for Morningstar India.

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