When to Speak Up and When to Stay Quiet & Why Smart Investors Do Crazy Things

What are spiders doing inside your home? You’ve probably spotted a few crawling around, especially in the fall. But contrary to what you might assume, many of those spiders didn’t just wander in from outdoors. And there’s a very specific reason you suddenly start seeing more of them this time of year — it has a lot to do with romance. https://www.burkemuseum.org/collections-and-research/biology/arachnology-and-entomology/spider-myths/myth-spiders-come-indoors Should you say something — or just keep your mouth shut? It’s a dilemma we face all the time. Do you tell someone they have something stuck in their teeth? Should you ask a stranger who is crying if they’re okay? What about telling a friend what you really think about the person they’re dating? It turns out we’re surprisingly bad at predicting how people will react when we speak up — or how they’ll feel when we don’t. Vanessa Bohns joins me with fascinating research that can help you handle these awkward everyday moments much better. She is a social psychologist and professor of organizational behavior at Cornell University and author of Should I Say Something?: The Science of What to Share—and What to Keep to Yourself (https://link.amazon/B03B4LfqD). We like to think investing is about numbers, facts and rational decisions. Yet stock prices and investor behavior can be influenced by things that seemingly have nothing to do with money — including the weather, politics and even the outcome of a sporting event. Why do otherwise intelligent investors make such irrational decisions, and can understanding those quirks actually give you an advantage? Alex Edmans explains the fascinating psychology that drives financial markets and how recognizing it can help you make smarter decisions. Alex is a professor of finance at London Business School and a leading expert on behavioral finance. He is author of The Madness of Markets: Why Smart Investors Make Crazy Decisions—and How to Exploit Them (https://link.amazon/B0eq2D3g9). Come autumn, pumpkins are everywhere. We carve them, decorate our homes with them and, of course, eat plenty of pumpkin-flavored foods. But the pumpkin you scoop out of a can looks nothing like the inside of that big orange pumpkin sitting on your porch. So what exactly is in canned pumpkin — and why is it so different? The answer may change the way you look at pumpkin pie. https://www.allrecipes.com/what-is-canned-pumpkin-11747656 PLEASE SUPPORT OUR SPONSORS MONARCH: Write your own money story with Monarch! Use promo code SYSK at ⁠⁠⁠⁠⁠https://Monarch.com⁠⁠⁠⁠⁠ to get your 1st year of Monarch Core half off at just $50 AIRDOCTOR: Head to https://AirDoctorPro.com and use promo code SYSK to get up to $300 off ANY of their select AirDoctor models, plus you will get a 3-year warranty, absolutely FREE! with a 30-day money back guarantee. TREES.COM: Right now, ⁠⁠⁠⁠⁠https://Trees.com ⁠⁠⁠⁠⁠have great deals on planting essentials, up to half off on select plants. And listeners to our show get 20% OFF their purchase when using the promo code SYSK at checkout. KA'CHAVA: Ka’Chava’s new Salted Caramel is the perfect balance of mouthwatering flavor and benefits. Embrace your salty side. Go to ⁠⁠⁠https://kachava.com⁠⁠⁠ and use promo code SYSK to get 15% off your first order! VINTED: Ready to clean out your closet and make some extra money?Download the Vinted app for free and start listing! With no seller fees, you keep every dollar you earn and for a limited time, enjoy free shipping in the US on Vinted. QUINCE: Find your next Fall favorites at Quince! Go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://Quince.com/sysk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for free shipping on your order and 365-day returns. Now available in Canada, too! PLANET VISIONARIES: In partnership with The Rolex Perpetual Planet Initiative, this is Planet Visionaries. Listen or watch wherever you get your podcasts! Learn more about your ad choices. Visit megaphone.fm/adchoices