007: Paul Craven on financial market bias, magic & mental shortcuts
A LOAD OF BS ON SPORT
00:00
How to Invest in Stock Markets
We mostly believe that we make rational, optimal, evidence based decisions. What i'm trying to get to the heart of why is it that most of us have such terrible self awareness? I thought it maybe would make sense to start to unpack some of danny carnaman's system one versus system,. To thinking has very different modes of decision making. Those are very good points. The only thing would say, before i even an attempt to talk about them, is to warn any one away from overly using the word irrational. Because it's very easy to say, oh, the band wagon effect. It's irrational jumping on board whatever one else is doing.
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