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It's Hard To Be Humble

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Content provided by Charles Schwab. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Charles Schwab 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.

The Battle of Midway. Saltine crackers. Carnival games. What do these seemingly unrelated things have in common? Well, they’re connected by a common psychological trap—one that affects the way we all make decisions. In this first episode of Choiceology with Dan Heath, we reveal this bias and explain how it affects decisions, big and small. Jonathan Parshall tells the dramatic story of how it influenced the course of history during a World War II battle. A ridiculous cracker-eating contest demonstrates the pitfalls of this bias in real time. And Professor Don A. Moore explains the history and psychology behind the bias and offers advice on how to minimize its effects.

Learn more about how this bias may be affecting your investing outcomes in this article.

Choiceology is an original podcast from Charles Schwab.

If you enjoy the show, please leave a ⭐️⭐️⭐️⭐️⭐️ rating or review on Apple Podcasts.

(0218-8W73)

  continue reading

92 episodes

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It's Hard To Be Humble

Choiceology with Katy Milkman

1,700 subscribers

published

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Manage episode 198130264 series 2046828
Content provided by Charles Schwab. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Charles Schwab 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.

The Battle of Midway. Saltine crackers. Carnival games. What do these seemingly unrelated things have in common? Well, they’re connected by a common psychological trap—one that affects the way we all make decisions. In this first episode of Choiceology with Dan Heath, we reveal this bias and explain how it affects decisions, big and small. Jonathan Parshall tells the dramatic story of how it influenced the course of history during a World War II battle. A ridiculous cracker-eating contest demonstrates the pitfalls of this bias in real time. And Professor Don A. Moore explains the history and psychology behind the bias and offers advice on how to minimize its effects.

Learn more about how this bias may be affecting your investing outcomes in this article.

Choiceology is an original podcast from Charles Schwab.

If you enjoy the show, please leave a ⭐️⭐️⭐️⭐️⭐️ rating or review on Apple Podcasts.

(0218-8W73)

  continue reading

92 episodes

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