4 approaches ‘anchoring bias’ can damage you economically

Vital Factors

“Anchoring bias” is a cognitive bias whereby human beings unconsciously count on an initial number or piece of info when creating long run conclusions.
It’s a form of psychological shortcut that may perhaps have adverse implications for individuals in the context of buying, retirement financial savings, investing and negotiating.

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Finance

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Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity stock was down nearly 7% after the company’s revenue forecast for the current quarter undershot analysts’ estimates. CrowdStrike said it expects revenue in the range between $1.14 billion and $1.15 billion, while analysts polled by LSEG were looking for $1.16 billion. Dollar […]

Finance

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Finance

Trump says ‘extremely hard’ to make a deal with China’s President Xi Jinping as trade talks stall

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Key Points U.S. President Donald Trump said on Wednesday that China’s President Xi Jinping was “extremely hard” to make a deal with. A senior White House official told CNBC earlier on Monday that Trump and Xi are likely to speak this week. Source