Brahmachari Property & Investing

Dunning–Kruger Effect: People with low ability often overestimate their competence.
Confirmation Bias: Tendency to seek or favor information that confirms existing beliefs.
Availability Heuristic: Overestimating the importance of information that comes to mind easily.
Hindsight Bias: Believing past events were more predictable than they actually were.
Optimism Bias: Assuming positive outcomes are more likely than they really are.
Pessimism Bias: Assuming negative outcomes are more likely than they really are.
Bandwagon Effect: Adopting beliefs or behaviors because many others do.
Sunk Cost Fallacy: Continuing something because of past investment, not future value.
Self-Serving Bias: Attributing successes to oneself but failures to external factors.
Fundamental Attribution Error: Overemphasizing personal traits and underestimating context in judging others.
Halo Effect: Letting one positive trait influence overall judgment of a person or thing.
Horn Effect: Letting one negative trait influence overall judgment of a person or thing.
Authority Bias: Overvaluing the opinion of someone perceived as an authority.
Recency Bias: Giving greater importance to the most recent information.
Salience Bias: Focusing on the most noticeable features rather than relevant ones.
In-group Bias: Favoring people who are perceived as belonging to one’s own group.
Out-group Homogeneity Bias: Believing members of other groups are more alike than they really are.
Status Quo Bias: Preferring things to stay the same rather than change.
Loss Aversion: Feeling losses more strongly than equivalent gains.
Overconfidence Bias: Being more confident in one’s judgments than justified.
Framing Effect: Decisions are influenced by how information is presented.
Illusion of Control: Believing one has control over outcomes that are actually chance.
Projection Bias: Assuming others think or feel the same way we do.