14min chapter

Animal Spirits Podcast cover image

$525k to be Happy (EP.336)

Animal Spirits Podcast

CHAPTER

Optimism vs. Pessimism in Financial Decision-Making

In this chapter, they discuss the concept of optimism and pessimism in financial decision-making. They explore why smart people tend to be more negative and the benefits of having a bias towards optimism. They also mention Warren Buffett's optimistic approach and the importance of finding a middle ground.

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