Inner Cosmos with David Eagleman

Ep73 "How do we fool ourselves in the stock market?"

11 snips
Aug 26, 2024
Mark Matson, an author and expert on cognitive biases, dives into the fascinating intersection of neuroscience and investing. He discusses how cognitive illusions can mislead investors, highlighting the dangers of biases like herding and familiarity. Matson uses historical examples, such as Kodak and Blockbuster, to illustrate the perils of emotional decision-making. He also introduces the Ulysses contract to help investors maintain discipline and avoid self-deception, emphasizing the need for systematic approaches in financial choices.
Ask episode
Chapters
Transcript
Episode notes