Mental Models: Market & Macro Nonsense: #39


Manage episode 250314171 series 2503320
By Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Recap of general market trends experienced in 2019 and interpret what they might mean for the economy in 2020. The expansion is the longest we have see, we are now beyond what it occurred from 1990-2000. Growth has been tepid so it might continue. We discuss economic indicators and historical trends from the past. BUY BOOK “Understanding Behavioral BIA$” | Behavioral finance advice and solutions. #MentalModels This book will help you overcome the biases that are keeping you from investment success! Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast. Published by Business Expert Press Behavioral Finance Book AVAILABLE NOW ON AMAZON Do you want strategies to make better financial decisions? Do you need a translational guide to Thinking Fast and Slow? Do you want to be a better investor and earn more money? If you said yes to any or all of the above questions then this book is for you! #UnderstandingBehavioralBias Visit for upcoming talks and show notes. Join Dan and George as they discuss “Money and your Brain: How Cognitive Biases Impact Investing” on 1-23-20 @6:30pm link: at the Center for BrainHealth, Dallas, TX Talk on Money and Your Brain: How Cognitive Biases Impact Investing with Dr. Daniel Krawczyk and George Baxter, JD, CFA. 01/23/2020 06:30 PM - 08:00 PM Cognitive biases are often a result of your brain's attempt to simplify information processing. They are rules of thumb that help you make sense of the world and reach decisions with relative speed. Unfortunately, these biases sometimes trip us up, leading to poor decisions and bad judgments. A neuroscientist and a hedge fund manager will look behind the curtain of your conscious mind and take a deep dive into cognitive biases that impact your financial success. Together they will identify strategies to slow you down so you avoid unnecessary risk and make better decisions. Read more about this topic in Dr. Daniel Krawczyk & George Baxter, JD, CFA latest book “Understanding Behavioral Bia$: A Guide to Financial Decision Making”. Sponsored By: Bank of Texas Where & When Brain Performance Institute 2200 W Mockingbird Lane Dallas, TX 75235 01/23/2020 06:30 PM - 08:00 PM

40 episodes