The Knowledge Project with Shane Parrish cover image

#119 Todd Simkin: Making Better Decisions

The Knowledge Project with Shane Parrish

00:00

Navigating Decision-Making in Trading

This chapter explores the intricate landscape of decision-making within trading, focusing on the challenges posed by information asymmetry and cognitive biases. The speakers offer insights on how to effectively leverage available information and develop internal research capabilities while addressing the psychological factors that impact rationality. Additionally, they discuss the balance between personal integrity and group norms, emphasizing the importance of establishing clear rules in a complex decision-making environment.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app