Availability bias - S2:E6 скачать в хорошем качестве

Availability bias - S2:E6

Availability bias is all about how we are influenced by information that is readily available, and how we often don’t do enough research before making decisions. In episode 6 of The Nudging Financial Behaviour Podcast, we’re breaking down this bias and taking a look at just how big an impact it can have when we aren’t focusing on the bigger picture or doing the right research. Our guest for the episode is professor Hersh Shefrin – a legend and pioneer in the field of behavioural finance. It’s an honour to have him on the podcast, and the stories he has to tell are fascinating! Of course, we had to also chat about his book: Beyond Greed and Fear. Chapters: 00:00 Introduction 02:16 What is availability bias? 02:44 The movie Jaws 03:31 My paragliding story 05:27 Charlie Munger on Frank Sinatra 06:00 Relying on our memories 06:45 Social media & availability bias 08:13 Rolf Dobelli and our news consumption 09:25 Professionals also succumb to this bias 10:12 Survivorship bias 11:44 Interview with Hersh Shefrin 15:16 Fukushima Daiichi 18:11 BP's Deepwater Horizon 20:08 Survivorship bias with Apple 23:28 When I met Hersh Shefrin 25:30 Greed and Fear 31:18 The role of the adviser 34:11 Using availability bias to your advantage Useful links: More about Professor Hersh Shefrin: • https://www.amazon.com/stores/author/... • https://www.scu.edu/business/finance/... The Psychology of Human Misjudgement by Charlie Munger -    • The Psychology of Human Misjudgment   More on Rolf Dobelli: • The Art of Thinking Clearly - https://www.amazon.com/Art-Thinking-C... • TedTalk -    • Four reasons you should stop watching the ...   Be sure to like this episode and hit the subscribe button to get notified when the next episode drops. 🧾 You can also read more on my blog: https://www.nudgingfinancialbehaviour... 🎙️Or listen to the audio version of this podcast: https://nudgingfinancialbehaviour.pod... Special thanks to our sponsor: IG Markets South Africa