The Journey to Investing and Financial Wellness with Phil Pearlman
The Investopedia Express with Caleb Silver
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Is There a Hyperbolic Discounting Concept in Investing?
Philip Drexler: We are all present biased and we all discount the future. How do we escape that? Well, there's many ways to sometimes fail. But one way is when we visualize that future self in our dreams. That can offset some of this future discounting that we tend to do as a human being. He says visualization helps us connect with it emotionally.
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