w88 casino NewsRecently, Hao Xuguang, professor and doctoral supervisor at the International Business w88 casino of the w88 casino, participated in the recording of the "Decoding Finance and Business" column of Shanghai Satellite TV's First Financial Channel. Professor Hao Xuguang has many years of capital market research experience and has presided over the completion of a number of national social science fund projects such as "Research on the Effectiveness of China's Capital Market Supervision". The theme of Professor Hao's program this time is "Stock Market Psychology: Instinct Behavioral Bias and Loss Prevention of Stock Investors".
Hao Xuguang said that the availability bias is widespread. It is easier to associate certain things with others. Investors may mistakenly believe that this event occurs frequently. On the contrary, if the information is unclear, investors will unconsciously underestimate the probability of such events. The information that is readily available belongs to the near term rather than the long term, superficial rather than deep information. Therefore, investors should try to obtain actual statistics whenever possible. Don’t be swayed by superficial, easily available information. Hao Xuguang believes that making decisions based solely on easily available information often brings serious losses to investors.
Hao Xuguang said that confirmation bias refers to when people make decisions. If they have a belief and opinion, they only look for evidence to support their conclusion. In daily work and life, we pay too much attention to the evidence that supports our own conclusions, and pay less attention to the evidence that opposes our own conclusions. When we see the evidence that supports our own conclusions, we will look for the reasonable and reasonable parts of the evidence. As for the evidence that opposes one's own conclusion, one will look for the unreasonable and insufficient parts of the evidence, always focusing on other people's shortcomings. The reason for confirmation bias is that people have an instinct from infancy to be attracted to things they like rather than things they dislike. At the same time, it is people's belief that they are right that is stronger than their desire to be right.
Video link:
http://v.youku.com/v_show/id_XMTUwMDE0MzA4NA==.html
