Standard Deviations with Dr. Daniel Crosby cover image

Dave Nadig - Understanding Financial Futurism: Key Innovations Transforming Wealth Management

Standard Deviations with Dr. Daniel Crosby

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The Importance of Financial History

On the one hand, I do think there are sort of common threads of human behavior that have always been and will always be. But on the other hand, financial history can sometimes give us overconfidence and a false sense of precision because we're usually working with an in of two or something. And so it's just that balance of of being aware of history, knowing that other people are aware of history,. but not having it lead you to thatfalse sense of precision.

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