NISM 21B Portfolio Managers Exam Notes
Page 106 Of 168
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Emotional Biases: Driven by feelings, e.g., loss aversion.
Overconfidence Bias: Overestimating knowledge, skills.
Loss Aversion: Fearing losses more than valuing gains.
Anchoring Bias: Relying on initial information.
Herding Bias: Following crowd, leading to bubbles.
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