Multiple Levels of Thinking Styles: #10

Embrace that we think at multiple levels, not just fast and slow. Our thought process is constructed in 3 levels, due to the complexity of our brains. The first level is instinct, which is our emotional response, the second level is intuition, a learned response or skill, and the third level is reasoning, which is your conscious mind involved in complex thought. Be disciplined in your investment decision making while playing the long game. A loss is felt more keenly than a win, and there will be loses in investing. But, when you lose, it will be more likely attributed to bad luck, than a bad decision due to having made the best decisions along the way. NEW BOOK Available NOW on Amazon . "Understanding Behavioral Bia$: A Guide to Improving Financial Decision Making" Behavioral finance advice and solutions. More information at https://www.mentalmodelspodcast.com 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  Published by Business Expert Press Behavioral Finance Book AVAILABLE NOW ON AMAZON 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!