Shit You Don't Learn in School cover image

Shit You Don't Learn in School

Costly Investing Biases & How to Avoid Them

May 23, 2020
18:59

A rational investor maximizes his wealth within the constraints of his risk tolerance. Most investors are not rational - they're driven by greed, hope, fear. That is, they're human.

To invest smartly and avoid loses money unnecessarily, you need to learn how to manage the natural weaknesses in your psychology. This episode explores 5 common biases that plague investors. It also explores how to mitigate the risk of falling victim to these biases.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode