#79 - [Express] Money mindset heuristics (and how to hack them)
Mo Money
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Are You Anchoring a Share Price?
Soi tothe key, i've got five keyhuristics that i see in pack people's behaviour. The first one is representativeness. And what that means is that one am one to one piece of information is representative for all other similar bits of information. It can then lead to people making poor decisions when it comes to their investing. We're also more likely to bet on the outcome of a coin if we haven't been tossed yet as een if the coin's already being tossed,. If you do that, you know that you've got a more robust approach to your financial decision making. anchoring based on share price alone - there are so many factors that sit underneath what
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