Correction Concepts
Understanding Availability Bias in Investing
The availability bias leads investors to focus too much on recent events, affecting their portfolio decisions and strategies.
Factually incorrectMisleading wording
The exact change
Before
Investors pulled $326 billion from equity funds in March 2020 alone.
After
The ~$326 billion was total mutual-fund and ETF outflows in March 2020; long-term U.S. equity funds specifically saw ~$10.5 billion in net inflows, so the outflows were concentrated in bond and money-market categories, not equities.
Why this is better
Independent fact-check against Morningstar fund-flow data for March 2020.
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