Investment Glossary · Quick read · No ads
Anchoring Bias
A behavioral finance tendency where investors rely too heavily on the first piece of information they receive (the "anchor") when making decisions, such as fixating on a stock's previous high price.
What is Anchoring Bias?
A behavioral finance tendency where investors rely too heavily on the first piece of information they receive (the "anchor") when making decisions, such as fixating on a stock's previous high price.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
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