4min chapter

Bogleheads On Investing Podcast cover image

Episode 056: Dr. Daniel Crosby on the behavioral investor, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

How to Combat Ego, Conservatism, Attention and Emotion

The four buckets of behavioral risk are ego, conservatism, attention and emotion. In your book, you have fixes or how to mitigate these risks. We see that there's a huge tendency to engage in something that's called home country bias. If we automate our saving and investing process, we tend to do much better than if we try and white knuckle restraint every two weeks.

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