Jeremy believes he excels at picking stock winners and thus trades frequently. Which characteristic does he most likely represent?
A) Confirmation bias
B) Frame dependence
C) Overconfidence
D) Representativeness heuristic
E) Break-even effect

Question

Quizplus · Accepted Answer

Jeremy's behavior reflects overconfidence bias, where he overestimates his abilities and believes he can consistently pick stock winners, leading to excessive trading.

Jeremy Believes He Excels at Picking Stock Winners and Thus