
'The Wise-Man Problem' – Low-Hanging Fruit Individual Investors Overlook
Stansberry Investor Hour
The Wisdom Man Problem and the Pattern-Seeking Brain
The pattern-seeking brain gets in the way of making good decisions, says John Defterios. The wise man problem is when after a lot of experience, you think that you've already kind of seen it all and discount what's different about this time. And so here are three ways that your pattern seeking brain can get in the way to seeing things how they are or approaching an analysis in a way that will help you make the right decision.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.