👁️Intermediate
Confirmation Bias
Only seeing what you want to see
Confirmation bias is the tendency to search for, interpret, and remember information that confirms your existing beliefs. If you already own a stock, you unconsciously seek out bullish news and dismiss bearish signals. Counter it by deliberately reading the bear case — ask yourself: what would have to be true for this to be a bad investment?
Quick check
What's the best way to counter confirmation bias?