Behavioural Finance
Self-Attribution Bias
Definition
What is Self-Attribution Bias?
Crediting successes to skill while blaming failures on external factors.
Example in practice
How This Looks in Practice
A trader calls gains talent and losses bad luck.
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Related Terms
Behavioural Finance
Loss Aversion
The tendency to feel losses more strongly than equivalent gains.
Behavioural FinanceOverconfidence Bias
The tendency to overestimate one's knowledge, forecasting ability, or control.
Behavioural FinanceConfirmation Bias
The tendency to seek or interpret information that supports an existing belief.
Sustainable InvestingESG Investing
Incorporating environmental, social, and governance factors into investment analysis or ownership.