Do you ever find yourself in the procedure of research and recognize that you're only searching for info that supports your hunches? That's confirmation predisposition, and it's a trap that value investors should learn to evade as they investigate the next business to purchase into.
With billions of dollars on the line sometimes, there's no limitation to what some people will do to see their companies attain success, despite the ethics included. For that reason, among the very best tools we can have in our toolbox is understanding how to find warnings and stay away from the deceptiveness and fraud that can deceive even the savviest investor.
In this week's episode, Phil and Danielle tell us how "being a reporter for your own newspaper" is not just among the more fascinating aspects of investing, however why it can protect your portfolio and prevent costly missteps.
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