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TIP554: Mental Models for Successful Investing w/ John Jennings
We Study Billionaires - The Investor’s Podcast Network
The Importance of Being Overconfident in Investing
Sally Kohn: I think that these are two of the, you know, the biggest behavioral biases to be aware of as investors. She says we're overconfident in terms of our abilities and should step back when an investment is at a loss. Kohn: There's really good reasons why we have these biases because they help us survive. But again, for most people, it just doesn't make sense to give outs on losses compared to gains.
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