Cognitive Biases affect how we make everyday decisions, big and small as well as how we think about and invest our money and create our wealth.
A cognitive bias is an error in cognition that arises in a person’s line of reasoning when decision-making is flawed by personal beliefs.
When the Bias is unseen by the individual but seen by others, it is a Blind Spot.
The Cure here is recognizing and acknowledging that they exist. Once you become aware of these Cognitive Biases they are no longer Blind Spots.
Listen to my Podcast to learn about Cognitive Biases. Let’s see if you recognize any in yourself?!
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