Loss Aversion - Losses Loom Larger Than Gains In Our Brains

The Pesci brothers start the show with the sport’s desk.  They cover; Euro 2021, Wimbledon, Formula 1, and Baseball. And then the conversation shifts to concerts, money made on the road and finally, what special request would you have for the green room if you were a star?As a follow up to last week’s discussion on risk, the brothers talk about “Loss Aversion” and how we look at risk and why losses scare us from making gains.  A fun story about country music follows that, as an example of loss aversion and what the music world would have missed, if one singer-songwriter never took a risk.Send us an email at [email protected] us and subscribe!