A bootstrappers podcast for founders, entrepreneurs, visionaries and dreamers who are building businesses from the ground up without the taking on debt or selling equity. Here we cover marketing, sales, organization and mindset issues that matter to you
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Mental Models: Anchoring Bias & Base Rate Neglect in Relation to Covid-19: #49
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Manage episode 258373487 series 2503320
Content provided by Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How do we think psychologically about numbers? Especially in relation to the Covid-19 2020 pandemic and the impact on the stock market. Take into consideration the effect of the Anchoring bias and Base Rate Neglect in your mental model and decision making. A recession will come following the 2020 pandemic along with changes in behavior which will unmask unexpected changes. Be prepared, learn more on the topic of Cognitive Biases and how we think to improve your financial gain in the market, read “Understanding Behavioral Bia$” http://amzn.to/2XHtsOE #learn loo
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72 episodes
Mental Models: Anchoring Bias & Base Rate Neglect in Relation to Covid-19: #49
Mental Models Podcast It's not a brain in a jar, that's the gist!
MP3•Episode home
Manage episode 258373487 series 2503320
Content provided by Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How do we think psychologically about numbers? Especially in relation to the Covid-19 2020 pandemic and the impact on the stock market. Take into consideration the effect of the Anchoring bias and Base Rate Neglect in your mental model and decision making. A recession will come following the 2020 pandemic along with changes in behavior which will unmask unexpected changes. Be prepared, learn more on the topic of Cognitive Biases and how we think to improve your financial gain in the market, read “Understanding Behavioral Bia$” http://amzn.to/2XHtsOE #learn loo
…
continue reading
72 episodes
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