Episode 18: De-Biasing Strategies and Better Understanding Our Behaviors (and Others)
Manage episode 380036820 series 3485712
In this episode, we finish the Behavioral Finance Undergraduate course content with an episode devoted to various de-biasing strategies.
00:00 Introduction
04:18 4 Steps to Eliminate Bias 1. Bias Awareness 2. Motivate why the bias is important 3. Direction and Magnitude 4. Ability to eliminate/overcome
10:00 How to Reduce Bias (Actual Equation/Rule of Thumb/Experiential Learning)
17:20 People Have Different Learning Preferences When it Comes to Reducing Bias
18:40 When is it Appropriate to Teach Bias Reduction? Just-In-Time Learning
23:15 Why to People Who Look at their Portfolios Each Day Perform Worse?
27:08 Understanding Your Budgeting Personality
34:40 Understanding the Difference Between Subjective and Objective Risk
I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini-lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!
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Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv
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