What is the tendency to place undue weight on recent market events and underestimate the importance of historical trends called? Option: Market Volatility (Risk Management), Regression to the Mean (Statistical Concept), Recency Bias (Behavioral Finance), Confirmation Bias (Information Processing)

What is the tendency to place undue weight on recent market events and underestimate the importance of historical trends called?

What is the term used to describe the tendency to base investment decisions on how easily examples come to mind, rather than on a comprehensive analysis?

Which of the following biases can cause investors to hold onto losing investments for too long, even when selling might be a better financial decision?

Which of the following cognitive biases can lead investors to overestimate their ability to pick winning investments?

Which cognitive bias can lead investors to believe they could have easily predicted past market events, even though those events were inherently uncertain?

Which cognitive bias can lead investors to judge an investment opportunity favorably simply because it shares characteristics with a previous successful investment?