Use the mental model of reflexivity as applied by George Soros to capital markets leading to investing success. In summary, a rising stock price can reflect the fundamentals of the business which can lead to a rising stock price. More at MentalModelsPodcast.com and on twitter @ModelsFinance. As always thank you for listening and please follow, subscribe and like the podcast - it matters!
Forthcoming book: "Understanding Behavioral Bia$: A Guide to Improving Financial Decision Making" AVAILABLE...Fall, 2019
By Dr. Daniel Krawczyk & George Baxter, JD, CFA
Publisher Business Expert Press
Do you want strategies to make better financial decisions?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions, than this book is for you!
Risk is always a part of investing but even more with the unknowns of opening and closing of the economy. Another factor driving the market is the money the feds are pumping out. Also, the influx of Robinhood accounts, driven by the lack of outlet for risky behavior (i.e. sports betting) and the...
Everyone needs toilet paper! The initial increase in buying of toilet paper (AKA tissue paper) at the start of the COVID-19 crisis was likely due to a hoarding response, which is an instinctive psychological bias response found in nature. Hoarding is not always negative, in this case those that...
Psychological research can inform our behavior during the COVID-19 pandemic. How do we decide what is the most effective response and how we will act? Follow along with the research article from Nature Human Behaviour “Using Social and Behavioral Science to Support COVID-19 Pandemic Response”...