I'm irrational - let's get that out in the open. I'm overly optimistic, I frame decisions too narrowly, and I take mental shortcuts that lead me to wrong decisions. I make these and dozens of other mental mistakes because all human beings do. You may think that a good financial planner is safe from the usual errors identified by behavioral finance studies.
Guess what? Financial planners may think so, too - and overconfidence is one of the most common of those mistakes. Here are five questions to help you evaluate your evolution toward a purely logical mind.
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