
Interview With Daniel Kahneman: Masters in Business (Audio)
Masters in Business
00:00
Are You Picking Stocks and Timing Markets?
I was always under the belief, parently mistakenly, that if you become self enlightened about your own biases, then you can undertake a series of steps to prevent yourself from doing damage. So i certainly would not advise specking, individual stos or any form of very active manage. You strike me as a passive indexor who specifically said, i don't want to check my portfolio too often. People do that, and when they do, they tend to make mistakes. This seems like a little closer to optimal decision making. That's you can get to the same point by being rational or by being lazy. O tat case it's laziness. If that was true, i would
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