Mental Models: Anchoring Bias & Base Rate Neglect in Relation to Covid-19: #49

How do we think psychologically about numbers? Especially in relation to the Covid-19 2020 pandemic and the impact on the stock market. Take into consideration the effect of the Anchoring bias and Base Rate Neglect in your mental model and decision making. A recession will come following the 2020 pandemic along with changes in behavior which will unmask unexpected changes. Be prepared, learn more on the topic of Cognitive Biases and how we think to improve your financial gain in the market, read “Understanding Behavioral Bia$” http://amzn.to/2XHtsOE #learn loo