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The Mirror We Don’t Like to Look In

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Manage episode 512839662 series 3315608
Content provided by Trevor Cummings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Trevor Cummings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week's blogpost - https://bahnsen.co/46XjbC4

Join Blaine Carver and special guest Darren Lightfoot, as they discuss key investment philosophies, inherent biases, and the importance of challenging your own viewpoints. In this episode, they explore confirmation bias, recency bias, and the danger of herd mentality in investment decisions. They also emphasize the need for a disciplined investment strategy, the benefits of occasional check-ins, and learning from past decisions. This insightful episode provides practical advice for individual investors and highlights the value of having a detailed investment plan and accountability.

00:00 Introduction and Welcome 00:22 The Mirror: A Humorous Marriage Story 01:54 Investment Committee Insights from New York 02:49 Understanding and Challenging Biases 05:23 Confirmation Bias: The Optimistic Vikings Fan 11:58 Recency Bias: Lessons from Seattle 16:10 Herd Mentality and FOMO in Investing 18:31 The Importance of Self-Reflection and Game Film 26:18 Final Thoughts and Practical Advice 29:33 Podcast Conclusion and Disclaimers

Links mentioned in this episode:

  continue reading

247 episodes

Artwork
iconShare
 
Manage episode 512839662 series 3315608
Content provided by Trevor Cummings. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Trevor Cummings or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week's blogpost - https://bahnsen.co/46XjbC4

Join Blaine Carver and special guest Darren Lightfoot, as they discuss key investment philosophies, inherent biases, and the importance of challenging your own viewpoints. In this episode, they explore confirmation bias, recency bias, and the danger of herd mentality in investment decisions. They also emphasize the need for a disciplined investment strategy, the benefits of occasional check-ins, and learning from past decisions. This insightful episode provides practical advice for individual investors and highlights the value of having a detailed investment plan and accountability.

00:00 Introduction and Welcome 00:22 The Mirror: A Humorous Marriage Story 01:54 Investment Committee Insights from New York 02:49 Understanding and Challenging Biases 05:23 Confirmation Bias: The Optimistic Vikings Fan 11:58 Recency Bias: Lessons from Seattle 16:10 Herd Mentality and FOMO in Investing 18:31 The Importance of Self-Reflection and Game Film 26:18 Final Thoughts and Practical Advice 29:33 Podcast Conclusion and Disclaimers

Links mentioned in this episode:

  continue reading

247 episodes

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