The Belief That Information You Hold Is Superior to Information

question 39

Multiple Choice

The belief that information you hold is superior to information held by other investors best describes:

• A)over-confidence.
• B)the snakebite effect.
• C)the illusion of knowledge.
• D)the clustering illusion.
• E)loss aversion.

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Definitions:

Written Communication

The process of conveying messages or information through written symbols, letters, or electronic texts.

Transfer Data

The process of moving or copying data from one location, system, or device to another.

E-mail Messages

Digital forms of communication sent through the internet from one person to another or to a group.

Describing Skill

The ability to accurately and effectively convey information about objects, situations, or processes using precise language.