Should We Avoid Our Biases?

This is just something that I've been thinking about: Should we avoid our biases? I guess this applies as much to investing as it does in real life so I'm going to share some of my thoughts on it. It's sort of an extension from Biases to Look Out For When Investing .

Biases to Look Out for When Investing

I find it interesting how we can be affected by own personal biases during investing. Most of these biases have been observed in studies, yet most of us are still not aware that we suffer from them and believe that we are objective in our view and analysis of our investment, which can be a very costly mistake.

Fundamentals of a winning investor: Knowing oneself

As Warren Buffett says, everyone should learn financial knowledge since young. If you have savings but not involved in any form of investments, you need to find out the reasons. Are you sceptical that investments can help grow your wealth? You do not know how and what to invest in? Are you worried of losing money? Or did you have bad experiences in the past which is causing you to shy away from investing?
I strongly feel you need to know YOUR reason, clear the obstacles and move on.