If besting the market was impossible, the market wouldn’t be flooded with investors trying every trick in the book to beat it. Active trading creates the market, but outperforming it with any consistency is extremely difficult. Former advisor-turned-“fin-fluencer” Humphrey Yang would agree with the above. But for Yang, taking on the stock market is a pointless battle for people who want to get rich. The popular social media magnate, who has 1.83 million YouTube subscribers and 3.4 million TikTok followers ...

Cognitive Biases & Perception - Perception acts as a lens through which we view reality, influencing choices, relationships, and overall reality [3][4] - The halo effect, a cognitive bias, causes initial impressions in one area to influence overall perception of someone [7] - Stereotypes, mental shortcuts based on race, gender, or background, lead to often inaccurate judgments [11][12] - Confirmation bias shapes interpretation of news, media, and experiences, reinforcing existing beliefs [26] Decision Making - Priming, where seeing or hearing something influences response, affects decision-making [15] - The mind uses two systems: System One (fast, intuitive) and System Two (analytical, problem-solving), with reliance on System One due to efficiency [16][17] - Heuristics, cognitive rules of thumb, can lead to systematic judgment errors, such as the availability heuristic and anchoring heuristic [17][18][19] Overcoming Biases - Questioning initial assumptions and giving people a second impression can help overcome biases [12][13] - Actively seeking new perspectives and questioning assumptions can help challenge confirmation bias [27] - Slowing down, questioning impressions and decisions, and seeking the entire picture are crucial for real understanding [29][30][31]

Core Viewpoint - Target Corporation (NYSE: TGT) is currently facing significant negative sentiment, which may be attributed to cognitive bias where past performance is quickly forgotten [1]. Group 1 - The company is perceived to be under pressure due to negative market sentiment [1]. - The author emphasizes the importance of remembering past performance when evaluating the company's current situation [1]. - The focus is on maintaining a delta neutral portfolio, indicating a strategy that seeks to balance long and short positions to capitalize on market volatility [1]. Group 2 - The author has a beneficial long position in TGT shares, indicating confidence in the company's potential despite current sentiment [2]. - The article expresses personal opinions and does not represent any business relationship with TGT [2].