A financial advisor has long believed that technology stocks are the most reliable long-term investments. A new report is published that presents mixed results for the tech sector, highlighting both significant gains for some companies and major losses for others. When presenting this information to a client, the advisor spends most of the time discussing the successful companies from the report but only briefly mentions the companies that performed poorly, referring to their losses as 'short-term volatility'. Based on this scenario, analyze how the advisor's pre-existing beliefs may have influenced their interpretation and communication of the new information.