It has been said that even learning about behavioral biases often cannot prevent us from falling victim to them. In much of the world, changes in policy and structure (for example, automatically opting into retirement plans) are beginning to combat this assertion. In your opinion, are there any systems or policies that could be used to eliminate, or at least lessen the influence of, behavioral biases in the valuation/investing process? For example, I believe this could be what Ray Dalio's firm encourages with their thoughtful disagreement policy. Are there other ways to do it?
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It has been said that even learning about behavioral biases often cannot prevent us from falling victim to them. In much of the world, changes in policy and structure (for example, automatically opting into retirement plans) are beginning to combat this assertion. In your opinion, are there any systems or policies that could be used to eliminate, or at least lessen the influence of, behavioral biases in the valuation/investing process? For example, I believe this could be what Ray Dalio's firm encourages with their thoughtful disagreement policy. Are there other ways to do it?
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