#120: Decision Making Biases -- Part 2 with Brynne Thompson and Pip Coburn

Today we’re back on the topic of decision-making biases. We will go through three more of the most common: representativeness error, search satisfaction and commission bias. Before we jump in, I’m going to do a brief explanation of each one, so that it's easier to listen to the rest of our conversation, you’ll have the definitions in mind. Also, a point of context I've been thinking about...if we jump into examining our biases before we have a bit of experience under our belt, it might cause a low-grade analysis paralysis! For our newer investors, please do listen, but don’t worry if you feel like you want to treat this as something for the back of your mind rather than an inspiration to make changes or adjustments. For the rest of you, these two conversations and the piece on biases are actually designed to provoke and provide a few slight changes, if you’re willing… so let's jump in..