How Biases Influence Multi-Crore Decisions

When you manage wealth in crores, the decisions are no longer just about numbers — they’re about judgement, emotion, and timing. While most HNIs have access to research, data, and professional advice, human biases still influence how investment decisions are made.

1. Overconfidence Bias

Having built successful businesses or careers, many HNIs trust their instincts, sometimes too much.
This can lead to concentrated bets, low diversification, or resisting advice, especially in bull markets.

Smart investing begins where the ego ends.

2. Recency Bias

What performed well last year may not continue to do so in the future.
Yet, many portfolios chase trends, whether it’s a hot sector, asset class, or IPO.

Wealth is built by consistency, not by chasing momentum.

3. Herd Mentality

Even experienced investors sometimes follow what peers, social circles, or family offices are doing without evaluating if it aligns with their own goals or risk profile.

Final Thought:

HNIs don’t fail due to lack of resources; they slip due to unseen behavioral traps.
The most successful investors aren’t just financially aware, they’re self-aware.