---
title: Am I Subject to a Behavioral Bias Regarding an Asset I Don’t Own?
description: Wealthy Street Academy - Free flowcharts and checklists to help you navigate life's toughest financial planning scenarios.
---

[![logo test 33](https://www.exchangecapital.com/hs-fs/hubfs/Logos/logo%20test%2033.png?width=500&height=178&name=logo%20test%2033.png "logo test 33")](https://www.exchangecapital.com?hsLang=en-us)

![pathfinder - 2](https://www.exchangecapital.com/hs-fs/hubfs/pathfinder%20-%202.png?width=1600&name=pathfinder%20-%202.png "pathfinder - 2")

# Am I Subject to a Behavioral Bias Regarding an Asset I Don’t Own?

![Am I Subject to a Behavioral Bias Regarding an Asset I Don’t Own?](https://www.exchangecapital.com/hubfs/Wealthy%20Street%20Academy/Preview%20Images/Am-I-Subject-To-A-Behavioral-Bias-Regarding-An-Asset-I-Dont-Own%20-%20Preview.png)

**

Instant Download

<https://www.exchangecapital.com/wealthy-street-academy/flowcharts/am-i-subject-to-a-behavioral-bias-regarding-an-asset-i-dont-own#popup-form>

[![Back to Resource List](https://no-cache.hubspot.com/cta/default/2173418/a08be8e6-2144-4603-ab47-9c0bf926f45f.png)](https://cta-redirect.hubspot.com/cta/redirect/2173418/a08be8e6-2144-4603-ab47-9c0bf926f45f)

[![I Need More Specific Help](https://no-cache.hubspot.com/cta/default/2173418/5f3ff911-b33d-48cf-b115-dd43f7028c75.png)](https://cta-redirect.hubspot.com/cta/redirect/2173418/5f3ff911-b33d-48cf-b115-dd43f7028c75)

[![Share on email](https://www.exchangecapital.com/hubfs/email-color.png) ](mailto:?subject=Check%20out%20this%20WealthyStreet%20Academy%E2%84%A2%20guide.&body=Take%20a%20look%20at%20this%20resource%20from%20the%20WealthyStreet%20Academy%E2%84%A2%20https://www.exchangecapital.com/wealthy-street-academy/flowcharts/am-i-subject-to-a-behavioral-bias-regarding-an-asset-i-dont-own&utm_medium=social&utm_source=email)

Many of the motivations for investors to buy an asset are rooted in some kind of behavioral bias. At times, it can be difficult to determine why certain assets should (or should not) be added to your portfolio, without first understanding the tendencies that may be affecting your judgment.

 

This flowchart helps guide your discovery regarding some of the most common behavioral biases. It covers:

 

- Framing bias
- Regret aversion
- Confirmation bias
- Choice overload
- Recency bias
- Outcome bias
- Herd mentality

**

## Looking for More How To Guides?

Subscribe to our blog and be the first to receive our bi-weekly posts paired with helpful step-by-step guides to tough financial topics.

**

## Instant Download

We're committed to maintaining your privacy. Check out our [Privacy Policy.](https://www.exchangecapital.com/legal/privacy-policy-preview?hsLang=en-us)

Copyright © 2024 Exchange Capital Management, Inc. All Rights Reserved.

![](https://www.facebook.com/tr?id=350100005512119&ev=PageView&noscript=1) ![](https://px.ads.linkedin.com/collect/?pid=1789714&fmt=gif)