Thanks to @bhavesh1024 for this excellent question. When everyone around you is panicking about market downturns and recession on the horizon, how can you avoid the crazy sell off? And importantly, how do you ensure that those around you make good decisions as well? These are chaotic times and – no matter what experience you…
Tag Archives: behavioural economics
In traditional economics, you are told that humans basically make financial decisions like robots. I sat through lecture after lecture being told to make decisions in my own self interest – and frankly, I struggled with that idea. Because my self interest was not just about getting the best price, or the ‘highest economic value’. That doesn’t work for humans in reality.
