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How to Make Better Decisions | Dr. Michael Platt

Huberman Lab

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Psychology and Decision-Making in Financial Markets

This chapter examines how contextual factors and psychological mechanisms influence decision-making, especially in cryptocurrencies and investments. It discusses the effects of social sensitivity, celebrity endorsements, and the drive to mimic group behaviors, which can lead to irrational financial choices. Furthermore, it reflects on the evolutionary impact on modern decision-making and the balance between personal passions, responsibilities, and lifestyle choices.

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