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Basic Question 3 of 7
An analyst claims that the real estate crash of 2007/08 was "somewhat easy" to predict. This looks like an indication of:
It's likely the investor is exhibiting: I. overconfidence bias
II. hindsight bias
III. regret-aversion bias
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
discuss commonly recognized behavioral biases and their implications for financial decision making
CFA® 2024 Level I Curriculum, Volume 6, Module 5.