All of the available capital in the country ended up heading toward san francisco for the rebuilding. In 19 29, the catalus was a fraud guy. Was guy in london was was counterfeiting stock certificates. And so there's always some sort of catalis. And again, often it has nothing to do with finance, pola. The danger though, is that the time between the cat s in the crash is collapsing. It could be within hours, or even minutes. If we got bad news from china, if china were going to go to war economically with the united states, it would probably be less than five minutes. So we've gone from a year to a
#388: Recessions are terrifying.
Market crashes often bring out the worst in people’s anxieties and fears.
This fear triggers us to act even more irrationally than usual – which can lead to making expensive mistakes in our investment portfolios.
In today’s episode, Scott Nations, who spent his career studying market volatility, describes some of the most common cognitive biases and irrational behaviors that investors make. He shares tips on how to master the mental game of investing, especially in turbulent times.
For more information, visit the show notes at https://affordanything.com/episode388
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