Conviction

Conviction-Driven Investors believe that success in investing comes from independent thinking. Their decisions are primarily shaped by confirmation bias and overconfidence bias, as well as attachment to their own views.

When it comes to investing, they enjoy researching companies, building long-term investment portfolios, and challenging conventional wisdom. They are difficult to influence, and can become attached to their own ideas, often ignoring contradictory evidence. A conviction-driven investor might read annual reports and financial statements, hold investments for years and rarely follow market hype.

In everyday life, they tend to be analytical, self-reliant, intellectually curious, and comfortable defending unpopular opinions. Not only that, they are independent and curious individuals. They are often found reading books, listening to podcasts, or diving deep into niche topics. They typically prefer quality over quantity, think several years ahead, and value competence and expertise.

MBTI types most commonly associated with this family include INTJ (Architect), INTP (Logician), ENTJ (Commander), and ISTJ (Logistician).

It is important to mention that MBTI is a personality type test, whereas your IDNA is a behavioral finance profile. There is no established scientific evidence that specific MBTI types consistently correspond to particular investing behaviors. The archetypes in this quiz are based on decision-making patterns and cognitive biases, rather than personality types. So, although each family has certain MBTIs assigned to them, any personality type could exhibit said behaviors.