← Cognitive Bias Cards
Cognitive Bias Cards · Card 4
Recency Bias
The most recent event looms largest in memory, crowding out older events that were just as important, or more.
In Practice
One bad week in the market feels like proof investing is dangerous, even though it's one data point in a much longer, calmer history.
Generic Example
One bad flight makes flying feel unsafe, even though the hundred uneventful ones before it were just as real.
Am I weighing this because it's actually important, or because it just happened?
Shows up in Biases