Money Tree Investing Buffett-Palooza Dominates The Weekend… And In Other News Your Brain Is Broken
Did you know your brain is broken? Today you find out why! In this episode we talk about coffee and humor and of course the stock market. We get into some deep stuff about cognitive dissonance and how it messes with our heads. Of course the conversation reroutes to investing. You gotta stay flexible and open-minded with your strategies. It's all about rolling with the punches and being willing to adapt, you know?
Today we discuss:
- How history can't be viewed through the same lens as the present; it's a different time period.
- The understanding of science evolves over time; what was once believed as truth may be debunked later.
- Investing strategies, like buy and hold, may not always be effective and require flexibility.
- Cognitive dissonance affects how people process conflicting information and form new realities.
- How regularly evaluating investment decisions is essential to adapt to changing market conditions.
- Sentiment in markets can shift unpredictably based on perceived threats or opportunities.
- How the top five careers of millionaires as presented by Dave Ramsey's survey may surprise you!
- We also answer a listener question!
For more information, visit the show notes at https://moneytreepodcast.com/your-brain-is-broken-605
Today's Panelists:
Kirk Chisholm | Innovative Wealth Douglas Heagren | ProCollege Planners
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