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This relates to the previous tip in that when you have to explain to people what or who you're purported to be, it is identical as having to let people know when you're telling a joke.

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Approach the reading the open neural. It's sometimes hard to charge people a fee for something you're certain of.
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1. Overconfidence Bias
Overconfidence bias is when investors overestimate their knowledge, skills, or ability to predict market movements.
Effects:
• Excessive trading, which leads to higher transaction costs.
• Misjudging risks and overexposing portfolios to certain assets.
Example
An investor believes they can consistently time the market based on personal research or intuition, ignoring the inherent unpredictability of financial markets.
How to Mitigate
• Rely on data-driven strategies rather than gut feelings.
• Diversify your portfolio to spread risk.
• Regularly review and que

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