Paul Craven - How Magic's Insights Can Revolutionize Your Understanding of Behavioral Finance
Standard Deviations with Dr. Daniel Crosby
00:00
Does the Behavior Fit the Context?
There's many places where following the herd serves us quite well. But if you can misapply that logic to markets and then you get in trouble, he says. PSD: I think about soldiers with post-traumatic stress and things like this. There was a time in your life when you heard a loud noise, the thing for you to do was to sort of duck and cover. Now when you get back to whatever, Ohio and you hear a car backfire and you duck and cover, that's maladaptive, right?
Transcript
Play full episode
