Yes, I know I'm talking to a wall Dion, those that can not get past cognitive biases only hear what they want to hear.Barrett we are not the same guys, LOL, yes, that's what I was getting at, there could be many types of events that can uncover transactions, many can be years down the road and guess what.....the clock on the statute of limitations as to fraud begins upon the discovery of the fraud, not when it was made. :) 

We have a tenant with a cognitive disability that sometimes does that.

Memories turn convenient, especially as we age and if your grandfather is cantankerous now, imagine if cognitive decline sets in.

Does it take command of ones cognitive functions of reason and decision making?

I served my community as an Allstate Agent for over 28 years before being struck with Fibromyalgia and cognitive disorder.  

It was a brain surgery that erased most of my cognitive and physical functions.

Also, you might want to read this book.In my experience in HR, we look more for cognitive ability & passion, and less about the major.Best of luck in school!

However your cognitive skills are flawed.

Anchoring is a cognitive bias that can be very unconscious when making a decision.  

There are several basic mistakes:1.Over-Optimism: Most investors tend to exaggerate their own abilities. 2.Over-Confidence: Lends investors to overstate their knowledge, understate the risks, and exaggerate their ability to control the situation. 3.Cognitive Dissonance: Investors often have an incredible degree of self-denial. 4.Heuristic Rules: Rules of thumb that we employ for dealing with the daily information deluge by evaluating based on how closely a situation, person, etc., resembles someone or something, rather than examining and questioning; i.e., we "frame" and/or "anchor" the event/person/action.