Polypin: You can afford anything, but not everything. Every choice that you make is a trade off against something else. How do we recognize our cognitive biases and how to manage them? That's what we're going to talk about in this episode of the afford anything podcast. To learn all about the course, go to afford anything dot slash in roll.
#388: Recessions are terrifying.
Market crashes often bring out the worst in people’s anxieties and fears.
This fear triggers us to act even more irrationally than usual – which can lead to making expensive mistakes in our investment portfolios.
In today’s episode, Scott Nations, who spent his career studying market volatility, describes some of the most common cognitive biases and irrational behaviors that investors make. He shares tips on how to master the mental game of investing, especially in turbulent times.
For more information, visit the show notes at https://affordanything.com/episode388
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