Investing Profit Despite Perils of Hindsight Bias: #13 episode artwork

EPISODE · Jul 2, 2019 · 17 MIN

Investing Profit Despite Perils of Hindsight Bias: #13

from Mental Models Podcast It's not a brain in a jar, that's the gist! · host Dr. Daniel Krawczyk & George Baxter, JD, CFA

Not being able to see the difference between what you know NOW relative to what you KNEW before IS hindsight bias - a psychological bias that can be overcome in investing. How? Choose stocks based on a sound analysis of company financial performance and for their true market value. Like politicians and weathermen, investors can't predict the future. Investors can focus on their process and recheck their thinking leading to greater profits. Remember that the world is complex and many factors influence outcomes. BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels Behavioral finance advice Visit mentalmodelspodcast.com for more insights. This book will help you overcome the biases that are keeping you from investment success! Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast. Published by Business Expert Press Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE Do you want strategies to make better financial decisions? Do you need a translational guide to Thinking Fast and Slow? Do you want to be a better investor and earn more money? If you said yes to any or all of the above questions then this book is for you! #understandingBehavioralbias

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Investing Profit Despite Perils of Hindsight Bias: #13

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