AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 349 Topic 35 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 349 Topic 35 Discussion

CWM_LEVEL_2 Exam Topic 35 Question 349 Discussion:
Question #: 349
Topic #: 35

Section A (1 Mark)

After buying two stocks, one rises by 25% an d the other drops by 25%. You congratulate yourself on your brilliance for the first stock and blame bad luck on the second. You are demonstrating which investor bias?


A.

Gambler's fallacy


B.

Law of small numbers


C.

Recency bias


D.

Self-attribution bias


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