Beware of the Illusory Truth Effect

As investors, we are constantly seeking information to make the best decisions for our monies . The general viewpoint is that it is better to be an informed investor than an ignorant one. That may not be the case because of psychological biases and effects such as the Illusory Truth Effect.

Related: The Outcome Bias Can Deceive Investors

Watch the one minute video below to learn more about this effect and how it can influence investors.

Click the image to watch the video and learn more.