Every Sunday, I uncover a high-quality dividend growth stock that appears to be undervalued. These pieces are published at Daily Trade Alert, which is a site that focuses on dividend growth investing, stocks, and unique investment opportunities. I’ve been writing for them for years now, and they’re just great over there. Each week, I publish an excerpt of my work here, when it’s fresh off the press. This is your opportunity to check it out. I hope you enjoy!
Becoming a successful long-term investor requires overcoming a number of biases.
One of them is recency bias.
This is a phenomenon where a person most easily remembers something that has happened recently, instead of something that may have occurred less recently.
They then use those easily-recalled recent memories as a baseline for what will happen in the future.
It’s never been more important to avoid succumbing to this bias.
Image courtesy of: Stuart Miles at FreeDigitalPhotos.net.
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