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Basic Question 7 of 7
An investor may ignore negative news in their potential investment assessment. Instead, the investor only gathers information that validates their views on the stock under review. This is known as: A. Conservatism Bias
B. Confirmation Bias
C. Representativeness Bias
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
discuss commonly recognized behavioral biases and their implications for financial decision making
CFA® 2025 Level I Curriculum, Volume 6, Module 5.