Description
“Understanding Behavioral Bia$” follow along with book by Dr. Daniel Krawczyk and George Baxter, JD, CFA, (Chapter 8) while listening to this podcast. BUY on Amazon https://amzn.to/2XHtsOE (copy and paste).
Fourth in the series on the investment process - with top fund manager tips of the steps of analysis and execution. Biases to be aware of are recency bias also at minute 6:58 base rate neglect - which is also discussed in podcast #28 on Bill Gates brain.
Min. 12:30 Group think biases are discussed with remedies.
Min. 1645 research has value - don’t buy the sock just because you did the research.
Discussion includes:
Sunk cost bias
Memory based bias - availability bias
Attention and optimism bias
EXECUTION of the Investment process
Curse of Knowledge
BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels
Behavioral finance advice Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
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If you said yes to any or all of the above questions then this book is for you!
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