You think of this fact, but don’t consider other aspects such as, say, the astonishingly high APR. This is called “anchoring bias.” “Anchoring bias can distort our perception of value ...

Plus, access to 150 markets across 34 countries and the Zacks Rank Trading Tool. Anchoring bias is the tendency for investors to rely on the first piece of information they find when making judgments.

Financial advisors often describe their role as more psychologist than investment manager, and a new report from industry ...