Standard Deviations with Dr. Daniel Crosby cover image

Morgan Housel - The Psychology of Money

Standard Deviations with Dr. Daniel Crosby

00:00

The Psychology of Money

The behavior investor is presented with these two weirde this weird fork in the road. The ark of human progress, an society and capital markets, it bends toward greatness. But we also know every developed market that has ever existed has had catastrophic losses. People tend to be pessimistic about the behaviour of other people while being optimistic about their own behaviors.

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