Level 3 Investing – GoStudy CFA L3 Behavioral Finance, R6 Individual Biases
Level 3 Investing – How to Choose
Identifying the Emotional and Cognitive errors you need to know for the CFA Level 3 (CFA L3) Exam. Full coverage of Study Session 3, Reading 6 – Individual Behavioral Biases.
Emotional Biases: Loss Aversion, Overconfidence, Self-control bias Endowment Bias, Regret Aversion, Status Quo Bias
Cognitive biases are divided into informational processing errors and belief perseverance errors.
Conservatism bias, confirmation bias, illusion of control, representativeness bias, hindsight bias, framing bias, anchoring and adjustment, mental accounting, availability bias