17min chapter

Animal Spirits Podcast cover image

Talk Your Book: Live at FARMCON

Animal Spirits Podcast

CHAPTER

Unpredictability and Upside Risks in the Markets

The speakers reflect on the unpredictability of the markets and the importance of considering upside risks. They discuss the different perspectives of being optimistic and pessimistic in market forecasting, and engage with the audience to gauge their predictions for a recession. The chapter also explores the challenges of intellectual flexibility in changing investment strategies and the psychological struggle of admitting when one is wrong.

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