Discussing the Laws of Investing, Part 3

Just why do you make the decisions that you do? You may think it has to do with facts and figures, but your behaviors and how you respond to risk and reward determine a lot of your actions. This is part three of that discussion. Click here to see the full show notes for this episode.----more---- Today's rundown:  2:48 - Law #9: Big results are driven by tail events. 6:09 - Law #13: Diagnosis errors create a tendency toward action. 9:24 - It won’t help you to have more action and changing things around. 10:27 - Law #15: Behavior is over analytics, because one can’t be taught and the other can. 13:20 - Data is influential but the chemicals in our brain make the ultimate decision.