The article Over-confidence bias: the downfall of many traders (click here to open it)Links to an external site. talks about overconfidence in trading. They also make suggestions on how to avoid overconfidence in a trading context. Now let us transition to a commodity marketing context by discussing the following points.

Do you think overconfidence could also be "the downfall of many farmers" when they market their commodities? 

Explain your opinion. Based on the suggestions in the article to avoid overconfidence in trading,

discuss if and how we could use similar suggestions to avoid overconfidence in commodity marketing.

Answer rating: 100% (QA)

a Yes overconfidence could potentially be the downfall of many farmers in commodity marketing ... View the full answer