The Survivorship Bias: How Success Stories Skew Our Financial Perception
In this episode, we delve into the Survivorship Bias, a cognitive trap that influences our financial decisions by focusing on successful outcomes while ignoring failures. We'll explore how this bias s...
3 Huhti 21min
The Recency Bias: How Recent Events Influence Our Financial Decisions
In this episode, we delve into the Recency Bias - a cognitive bias that leads us to weigh recent events more heavily than those in the distant past. We'll explore how this bias can lead to poor financ...
27 Maalis 16min
The Money Illusion: How Inflation Distorts Our Financial Perception
In this episode, we delve into the Money Illusion, a cognitive bias that causes people to think in nominal rather than real monetary terms. We'll explore how this bias can lead to poor financial decis...
20 Maalis 18min
The Regret Aversion Bias: How Fear of Regret Shapes Our Financial Decisions
In this episode, we delve into the Regret Aversion Bias, a psychological phenomenon where fear of future regret influences our decision-making process, particularly in the realm of finance. We'll expl...
13 Maalis 16min
The Optimism Bias: How Positive Expectations Can Lead to Financial Pitfalls
In this episode, we delve into the Optimism Bias, a cognitive bias that causes individuals to believe they are less likely to experience negative events. This bias can lead to overconfidence in financ...
27 Helmi 18min
The IKEA Effect: How Labor and Effort Impact Our Financial Valuations
In this episode, we delve into the IKEA Effect, a cognitive bias where people place a disproportionately high value on products they partially created or labored over. We'll explore how this bias infl...
20 Helmi 15min
The Framing Effect: How Presentation Alters Our Financial Perception
This episode delves into the Framing Effect, a cognitive bias where people decide on options based on whether they are presented as gains or losses. We'll explore how this bias influences our financia...
13 Helmi 17min
The Bandwagon Effect: How Social Influence Shapes Our Financial Behavior
In this episode, we delve into the Bandwagon Effect, a powerful psychological bias that pushes us to conform to societal trends and norms, especially in our financial decisions. We'll explore historic...
6 Helmi 19min
