Capital Bias

By Society of Actuaries · 2025 · CP311-105-25

Study guide: Exam CP-311

A study note in the Society of Actuaries' CP 311 Strategic Management syllabus, code CP311-105-25 (formerly SDM-189-21), titled "Capital Bias". The course strategy guide groups it with the readings that address cognitive biases, for learning outcome 4b.

On the syllabus

• Exam CP-311 — CP311-105-25: Capital Bias; outcome 4b.

Contents unavailable The syllabus says study notes are not available electronically but are sold through the SOA's online store, and the article this note reproduces could not be identified, so no author or text was found. This page records its citation and assignment from the syllabus.

Sources

• CP 311 Introductory Study Note, Nov 2026/Mar 2027 (SOA) — the study-note code CP311-105-25, its title "Capital Bias" and its former code SDM-189-21; the SOA is named as author and publisher because no other author is given, and the year 2025 is the one in the note's code, since the syllabus prints none
• CP 311 Syllabus, Nov 2026/Mar 2027 (SOA) — the reading (CP311-105-25: Capital Bias) and its learning outcome
• CP 311 Course Strategy Guide, Nov 2026/Mar 2027 (SOA) — the placement of the "Capital Bias" article among the readings that address cognitive biases, outcome 4b