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Basic Question 5 of 7
A lawyer invests in companies which "remind" him of his most successful clients. This is most likely an example of which bias? A. representative bias
B. confirmation bias
C. framing 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® 2025 Level I Curriculum, Volume 6, Module 5.