Standard Deviations with Dr. Daniel Crosby cover image

Morgan Housel - The Psychology of Money

Standard Deviations with Dr. Daniel Crosby

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I'm Not That Guy Anymore

i think i'm constantly aware of how over confident it is for little old me to get up on the stage and lecture others about over confidence. And so that's where a rules base system becomes so powerful, yo,. you know, you learn these rules about market tendencies even if you've never experienced them. You put something in place, because our experience is just so profoundly limited. Even if you have a powerful experience, the half life of that to stick with us is so limited. So i think that's where you have to become a market historian and just put put strictures in place that will keep you from making dumb, dumb choices.

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