Confirmation Bias: A poker Analogy

"Confirmation bias is the investing equivalent of a full house in poker -- you've got a great hand and you're convinced that you're going to win. But someone at the table keeps raising your bets. "Sucker," you think. "I'm going to make this expensive for you." Ah, but come time for the showdown, you're in for a shock. You lose -- to a higher full house"

Fool.com: Beware Confirmation Bias [Commentary] November 30, 2004

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