I just did this exam today and got mixed up on that question - I concetrated on behavioural biases instead of psychological traps and got a big fat zero for that question…I mean how that guy fearing regret of missing another market bottom isn;t…well…fear of regret, I’ll never know.
So yeah - maybe make sure you are distinguishing properly between behavioural biases of individuals and psychological traps of analysts.
Thats how I understand it yes - they fall under “Potential Issues in Forecasting” from the curriculum and well, I guess it’s mainly analysts who do the forecasting right?
Not to be confused with the behaviorial biases, CCHIR-FAMA & LOSERS. I have so many stupid acronyms memorized at this point that I might as well remember ASCORP.