Behavioural finance

Coping with a market correction

As I write these words, the TSX Composite is down 11.2% in the last week – officially a market correction. News headlines are screaming that it’s the fastest sell-off in history. The talking heads on BNN are turning shades of […]

What is confirmation bias?

Building on last month’s post which addressed how we might tackle investing in a potentially “over-valued” market, I thought I would explore one of the most common cognitive biases that undermines good financial decision-making: confirmation bias. About a year after […]