The biggest investor mistakes Part 10: Confirmation bias and the desire to be right

May 17, 2019

by Prof. Manfred Frühwirth

Together with the Austrian business magazine GEWINN, Prof. Manfred Frühwirth, longstanding faculty member and Acedemic Director at the WU Executive Academy, is collecting the most important insights from behavioral finance. The series aims to make people aware of common mistakes in financial decisions and their consequences. Every month, the financial expert describes a typical behavioral error based on concrete examples. Investors should be motivated to think about their own investment behavior and perhaps to avoid one or the other pitfalls.

Part 10 of the series:

Confirmation bias and the desire to be right

Picture of Prof. Manfred Frühwirth
Prof. Manfred Frühwirth describes typical behavioral errors and their consequences based on concrete examples.

Special Offer for readers of the WU Executive Academy newsletter:

Logo Gewinn

With the series "The biggest investor mistakes", GEWINN is offering our readers 44.9% off the annual subscription price: get 2 years of the business magazine GEWINN and 2 years of TOP-GEWINN at the price of 1 year – this special offer amounts to EUR 49 (regular price EUR 89).

To our English speakers:

Since June, GEWINN and The Economist are working closely together. In each issue of GEWINN and TOP-GEWINN, subscribers can find current articles and graphics from the Economist on the most exciting economic topics. In addition, on you can access a monthly selection of the best articles from The Economist, which is published weekly in the original English version.

Click here for the special subscription offer:

Share this