What is the meaning of the phrase "cognitive dissonance" and how can it affect decision-making?

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asked Feb 16, 2024 5.1k views

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MCS · Answer 1 · 2024-02-20T13:29:57+0000

Answer: Cognitive dissonance occurs when a person believes in two contradictory things at the same time. Within investing and in other areas, failing to resolve it can lead to irrational decision-making.

What is the meaning of the phrase "cognitive dissonance" and how can it affect decision-making?

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