31min chapter

The Michael Shermer Show cover image

How the Greatest Investors Win in Life and Markets

The Michael Shermer Show

CHAPTER

Navigating Decision-Making and Investment Strategies

This chapter explores the insights of Kahneman and Tversky on human irrationality in decision-making, particularly for investors. It emphasizes the value of intellectual conflict, critical thinking, and the importance of recognizing biases and emotional states in making informed choices. Drawing on examples from notable investors and practical strategies, the chapter highlights lessons that apply to both investing and personal relationships.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode