Capitalist Investor
Capitalist Investor
Strategic Wealth Partners
5 Behavioral Finance Errors to Avoid Making With Your Strategy, Ep #9
17 minutes Posted Mar 18, 2020 at 5:00 am.
] Misbehavior costs you [2:53] Confirmation bias[4:36] Information bias[7:34] Loss aversion[10:23] Oversimplification tendency[12:30] Hindsight biasResources & People MentionedThe Tesla CybertruckAppleConnect with Derek GabrielsenTwitter: @DerekGabrielsenFollow Derek on LinkedInSend Derek a message hereConnect With Mark TepperTwitter: @MarkTepperSWPFollow Mark on LinkedInSend Mark a message hereSend your questions and comments to us at [email protected] to The Capitalist InvestorShow Notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.com
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Behavioral finance is an important topic to be mindful of as you manage your portfolio. Misbehavior will cost you dearly. So what do you avoid? How do you make smart decisions? In this episode, Derek and I cover 5 behavioral finance errors to be mindful of—confirmation bias, information bias, loss aversion, the oversimplification tendency, and hindsight bias. Listen to this episode if you want to make smart decisions with your portfolio. Outline of This Episode[1:22] Misbehavior costs you [2:53] Confirmation bias[4:36] Information bias[7:34] Loss aversion[10:23] Oversimplification tendency[12:30] Hindsight biasResources & People MentionedThe Tesla CybertruckAppleConnect with Derek GabrielsenTwitter: @DerekGabrielsenFollow Derek on LinkedInSend Derek a message hereConnect With Mark TepperTwitter: @MarkTepperSWPFollow Mark on LinkedInSend Mark a message hereSend your questions and comments to us at [email protected] to The Capitalist InvestorShow Notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.com