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121: Michael Mauboussin – Tactics for Better Decision Making, and Skill Versus Luck

Chat With Traders

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The Neuroscience of Decision-Making

We want immediate gratification, but we want to be good in the future. In other words, our future selves are really good, but our present selves are not so good. Different parts of your brain mediate those decisions. It's quite literally, those questions get sent to different parts ofyour brain that deal with them in different ways.

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