Just saw the Conservatism update (Book #1) as part of loss aversion? So basically it’s the same as Anchoring? Which gives me the following question… WTF???
yea, i was totally confused when i went through this the first stime the LOS asked to evaluate representativeness, conservatism, frame dependence and overconfidence, but Schweser decided to ignore conservatism and add in loss aversion…
is int conservatism same sh1t as prudence?
Yes
what are you talking about? is this some sort of errata in schweser notes? can you please post the link? thx a lot