Psychology of Gen X During the 2008 Crash (Why They Didn't Panic) скачать в хорошем качестве

Psychology of Gen X During the 2008 Crash (Why They Didn't Panic)

2008 looked like chaos. But for Gen X, it felt like pattern recognition. While everyone else was glued to panic headlines, they were quietly doing the most unnatural thing in a crash: staying calm, staying invested, and in many cases increasing 401k contributions as markets sold off. In this Wealth Logic episode, Professor Wealth breaks down the investing psychology behind that reaction: defensive pessimism, calibrated risk tolerance, and a deep loss-aversion to forced selling. You’ll see how a bigger emergency fund, a “trust no one” DIY investing style, and a preference for index funds can turn market volatility into something you manage, not something that controls you. If you stockpile cash “just in case,” feel a scarcity mindset around spending, or treat every financial decision like a backup plan… this will feel uncomfortably familiar. Disclaimer: This content is for educational purposes only and is not financial, medical, or psychological advice. References / Further Reading: • Kahneman & Tversky, 1979 — Prospect Theory (Econometrica) • Thaler, 1985 — Mental accounting and consumer choice (Marketing Science) • Norem, 2001 — Defensive pessimism (The Positive Power of Negative Thinking) -------------------------------- click here to subscribe : https://bit.ly/4rlmhIL -------------------------------- Disclaimer: This content is for entertainment and educational/informational purposes only and is not financial, medical, or psychological advice.