The illusion of knowledge and how to overcome the limits of learning
In the first article of our series “Best Styles X Behavioural Finance”, we looked at the two angels that guide our decision-making, the “rational angel” and the “instinctive angel”, how the latter may lead us to follow emotional or socially influenced trends, and how our Best Styles strategy harnesses our rational brain by remaining stoic and objective.
Our instinctive angel may also twist what our rational angel tells us, however, and create the illusion of knowledge.