Overconfidence bias refers to the psychological effect where one overestimates his or her ability to predict outcomes or even his or her level of expertise in a given area.
• Seek Professional Advice: It can be countered by consulting with a financial advisor. A financial advisor can provide objective recommendations based on data and help set expectations for risk and return.
Overconfidence bias refers to the psychological effect where one overestimates his or her ability to predict outcomes or even his or her level of expertise in a given area.
• Seek Professional Advice: It can be countered by consulting with a financial advisor. A financial advisor can provide objective recommendations based on data and help set expectations for risk and return.

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