🏋️ Understanding Investing Biases & Mental Models

Investing biases are incredibly powerful, so it's vital we understand them. It's only then we can use mental models and frameworks to control or empower, our investing.

In this short podcast, I take you through some of the most common and powerful biases, such as confirmation biases, recency biases, linear thinking, loss aversion and more.To learn more about these concepts, I strongly encourage you to take advantage of these resources.

Download Owen's Investor Bootcamp training manual: https://bit.ly/rask-analyst

Resources:

• Investing: The Last Liberal Art
• Influence: The Psychology of Persuasion
• Poor Charlie’s Almanack
• Munger’s speech: The Psychology of Human Misjudgement
• Farnam St Blog

Which tools are your favourite? Let us know:

Owen’s Twitter: https://twitter.com/owenrask

Watch the video version on the Rask Australia YouTube page.

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DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Date recorded: 5th of May 2022

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