Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

CFA Events Calendar

View full calendar

Recommended Discussions

See how our partners can help you ace your CFA exams.

Question of the Week: Level 3 - Portfolio Management

Seeing past events as having been predictable and reasonable to expect, is an example of:

Question of the Week: Level 3 - Portfolio Management 4 votes

A. hindsight bias.
100% 4 votes
B. confirmation bias.
0% 0 votes
C. conservatism bias.
0% 0 votes

Comments

  • MarkMeldrumMarkMeldrum OntarioPosts: 73 Associate
    The correct answer is Option A.

    With a hindsight bias, people may see past events as having been predictable and reasonable to expect.

    With a confirmation bias, people generally place excessive weight on confirmatory information; that is, they place greater weight on information that supports their beliefs.

    Conservatism bias is a belief perseverance bias, in which people maintain their prior views or forecasts by inadequately incorporating new information.

Sign In or Register to comment.