In the realm of cognitive psychology and communication theory, the mental model “The Map is Not the Territory” stands as a pivotal concept that illuminates the intricacies of human cognition, language, and…
Author: Finance Infopedia
Hello,
I'm Ashlin Joby Thekkan, hailing from the enchanting state of Kerala, India. For the past decade, I've immersed myself in the domains of personal finance management and equity investing, acquiring significant expertise in these fields.
During this journey, I discovered a concerning gap in financial literacy, affecting even those with advanced education. This realization spurred a desire to bridge this gap and guide others toward sound financial decisions.
Motivated by this goal, I turned to blogging as the ideal platform to connect with a wide audience. Thus, Finance Infopedia was born—a dedicated space where I simplify complex financial concepts and offer actionable insights.
Through Finance Infopedia, my mission is to make financial wisdom accessible to all, regardless of background or education. I invite you to join me on this exciting journey as we work together to achieve financial literacy and success!
Availability Heuristic: Decoding How Memory Shapes Your Choices
In the vast landscape of human cognition, the availability heuristic stands as a prominent mental shortcut that significantly influences how we make decisions, perceive risks, and form judgments. Rooted in the realm…
Hanlon’s Razor: Navigating Complexity with Benevolent Wisdom
In a world filled with intricate social interactions, technological advancements, and rapidly changing circumstances, it’s all too easy to fall into the trap of assuming malicious intent behind every mistake, misstep, or…
Loss Aversion Unveiled: Decoding the Psychology of Fearful Choices
In the intricate landscape of human psychology and decision-making, loss aversion stands as a prominent mental model that significantly influences our choices, behaviors, and attitudes. Rooted in the realm of behavioral economics…
Sunk Cost Fallacy Unveiled: Liberating Your Decisions from Past Investments
In the realm of decision-making, human psychology often plays a crucial role. One cognitive bias that significantly affects our choices is the sunk cost fallacy, a concept deeply rooted in the way…
Anchoring Bias Unveiled: Navigating the Tides of Decision-Making
In the intricate labyrinth of the human mind, various cognitive biases have been identified as influential forces shaping the way we perceive and interact with the world around us. Anchoring bias, a…
Confirmation Bias Unveiled: Navigating the Maze of Selective Thinking
Confirmation Bias: Understanding the Cognitive Pitfall of Selective Information Processing In the complex landscape of human cognition, the phenomenon of confirmation bias stands as a prominent example of how our mental processes…
Survivorship Bias: Seeing Beyond Success for Smarter Decision-Making
In a world that constantly bombards us with success stories, achievements, and tales of triumph, it’s easy to overlook the hidden dangers lurking behind the curtain of these seemingly inspiring narratives. Survivorship…
Recency Bias: The Invisible Influence Shaping Our Decisions and How to Overcome It
Recency bias is a cognitive bias that places undue emphasis on the most recent events or experiences when evaluating a situation or making a decision. It is a common human tendency to…
Time Value of Money: The Golden Key to Informed Financial Decisions
The Time Value of Money (TVM) is a core concept in finance that describes the idea that money available today is worth more than the same amount in the future. It takes…