8 Cognitive Biases & How to Overcome Them | Signal or Noise Ep 29 | Charlie Bilello | Peter Mallouk

Helping Investors Separate the Signal from the Noise... 00:00 Intro 00:21 Topics 01:18 8 Cognitive Bias 02:24 Bias #1: Anchoring 07:07 Bias #2: Outcome Bias 10:40 Bias #3: Confirmation Bias 16:43 Bias #4: Dunning-Kruger Effect 20:10 Bias #5: Endowment Effect 21:48 Bias #6: Authority Bias 26:01 Bias #7: Bandwagon Effect 31:42 Bias #8: Recency Effect 38:12 The 401k Contribution Nudge 41:09 Growth vs. Value Extreme: Signal or Noise? Receive a Free Wealth Path Analysis HERE: https://creativeplanning.com/charlie For more insights, follow us on Twitter/X: Charlie Bilello:   / charliebilello   Peter Mallouk:   / petermallouk   Disclaimer: Nothing on this channel should be considered personalized financial advice or a solicitation to buy or sell any securities. My views are my own and not necessarily those of Creative Planning or my fellow coworkers. All opinions expressed on this channel are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. This channel is only intended to provide information and education about the financial markets. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this video is no guarantee of future results. Any indices referenced for comparison purposes are unmanaged and cannot be invested into directly. As always, please remember that investing involves risk and possible loss of principal.