Overconfidence bias
A tendency to overestimate ones own abilities, such as believing one has superior skills to select stocks or time the market.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series X-B← All terms