Behavioral Finance VLL Flashcards
1
Q
Heuristics
A
Experiences and biases used to predict outcomes or answers. Like “rule of thumb” or “trial and error” which can lead to bad results or answers.
CFP Exam 3/24 > Behavioral Finance VLL > Flashcards
Heuristics
Experiences and biases used to predict outcomes or answers. Like “rule of thumb” or “trial and error” which can lead to bad results or answers.