The Recency Bias is the tendency to overemphasize the importance of recent experiences or the latest information when estimating future events. Recency bias can mislead us to believe that recent events can give us an indication of how the future will unfold. It's a cognitive bias that can affect your judgement and decision making, so awareness matters! #selfawareness | Sue Reynolds of Carmine Media

"Recency bias tells you that since 2010, growth has kicked value's butt," Thomas Hayes says, but "since 1927 ... value has outperformed growth by 4.5% per year, including the last 15 years." More on how to avoid the recency bias trap: https://youtu.be/6usuUyqhyRw?si=BlILG_5bMXSqfhiI | Yahoo Finance

2.2K views · 356 reactions | Caught in the trap of recency bias? It’s like judging a book by its last chapter – ignoring all the plot twists that came before!  Don’t let short-term trends cloud your long-term financial vision – remember, investing is a marathon, not a sprint! ‍♂️ Follow for more investing tips! #investing #investinyourself #investment | James Fragata | Facebook