mistic following a time of rising markets or, conversely, over-cynical after a downturn in markets.

Impact on Investing: Investors afflicted with recency bias become over-optimistic following a time of rising markets or, conversely, over-cynical after a downturn in markets. For instance, after
Impact on Investing: Investors afflicted with recency bias become over-optimistic following a time of rising markets or, conversely, over-cynical after a downturn in markets. For instance, after