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Bullshift: How Optimism Bias Threatens Your Finances

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People are unwittingly taking risks with their investments by entrusting them to advisers who are biased but don’t know it.

Does your financial adviser tell you to hold on and never sell? That markets recover in the long run? Does your adviser seem to always have an optimistic disposition? Do they tell you not to worry, no matter what is going on in the outside world?

In Bullshift, John J. De Goey explores the hidden relationship between bias and financial markets. He makes clear that investo...