ETFicationDec 24, 20192 minAnchoring and AdjustmentWhat is Anchoring and Adjustment? Anchoring and adjustment involve 2 steps, the first being anchoring – the fixation on a certain idea or...
ETFicationDec 24, 20193 minGambler’s FallacySetting the Scene – A Gambling Analogy Let’s say you’re at a casino, playing roulette. You’ve placed your bet on red 5 times so far, with...