How the Cognitive Bias of “Anchoring” Lures Us Into Paying Too Much - Behavioral Finance Concepts скачать в хорошем качестве

How the Cognitive Bias of “Anchoring” Lures Us Into Paying Too Much - Behavioral Finance Concepts

Want to get the best bargain on the stuff you buy? Then it’s important to understand the behavioral finance concept of “anchoring.” What is anchoring? Behavioral finance speaker Graeme Newell shows us the specific way this cognitive bias can trip us up when we’re in negotiations and purchasing things. From restaurant menus, to car dealers, to multimillion-dollar real estate deals, savvy buyers understand that the value of any item is not intrinsic, but is determined by what is around it. Graeme Newell is a researcher in behavioral investing, behavioral economics and finance psychology. He is a professional economics speaker, a personal finance speaker and an expert in behavioral investing. In this video you’ll learn all about how cognitive bias can trick us into making foolish choices. You’ll learn specific ways to recognize the signs that a bad decision is likely, then how to quickly get back on track. 🔴 Subscribe for more videos just like this: https://bit.ly/3atitPl About Graeme’s Channel: I’m a researcher, speaker and author who specializes in behavioral finance. I take perverse pleasure in putting people inside of brain scanners, then asking them to make important money decisions. My videos reveal the vulnerable situations when business leaders and everyday people are most likely to make crazy-bad, impulsive money decisions. I teach how to use brain science insights to make smarter decisions that grow businesses and increase wealth. Learn more about how brain science insights can help you make smarter decisions: https://graemenewell.com/