Wood’s quant models say BTC going to $500k. What do you think about the biases this statement has?
at least overconfidence, confirmation, conservatism, achoring
Other than these biases, I also don’t see a probability associated with this expectation, and no horizon (just long term - which can be like forever).
Status quo - prices will keep going up.
regret aversion
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Picking numbers from the jar
This is a great little exercise just before the exam!
Pretty much all of them except prudence bias lol.
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If we pass, we should all pour time into a joint Crypto blog make charts on Tableau provide write ups/analysis on crypto and do a newsletter. Set up a historical crypto database with daily historical prices, volume, mkt cap, etc.
I think anchoring and adjustment bias, overconfidence, and illusion of control. Watched the first 30 sec of the video to determine this.
She also seems like a real stuck up person. Professional backstabber, but that’s just my read on her.