Question: Maggie works as a client support representative for a Fortune 500 company. As she reviews her 401(k) balance and investment options, she chooses to move

Maggie works as a client support representative for a Fortune 500 company. As she reviews her 401(k) balance and investment options, she chooses to move her balance and future contributions into the top 4 performing funds for 2021. This is an example of the _____ bias.

  • A. Illusion of control
  • B. Hot hand fallacy
  • C. Paradox of Choice
  • D. Loss Aversion

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