007: Paul Craven on financial market bias, magic & mental shortcuts
A LOAD OF BS ON SPORT
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Hindside Bats in Investing
In investment, hindside baas is one of the biggest things that we as managers or our clients have. And it's interesting to try and help mitigate some of these bioses. One of the waystha, you can certainly mitigate hindside bats in a very big way - keep what's called decision diary. You'd be surprised how often they go, well, i probably wouldn't by it straight away now, but if it falls a bit further, i would buyt which my response would be en, why you're holding it in the first portfolio? So you're sensually just trying to reveal some college distance.
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