Mental Models Podcast It's Not A Brain In A Jar, That's The Gist! podcast

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Finance

เพิ่มแล้วเมื่อ sixปีที่ผ่านมา

เนื้อหาจัดทำโดย Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดหาให้โดยตรงจาก Mental Models Podcast | Behavioral Finance, Dr. Daniel Krawczyk, George Baxter, JD, and CFA หรือพันธมิตรแพลตฟอร์มพอดแคสต์ของพวกเขา หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่แสดงไว้ที่นี่ https://th.player.fm/legal

All About Change

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Jay Ruderman - How to Find Your Fight & Drive Social Change 32:17

9 วันที่แล้ว32:17

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ลิสต์

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ที่ถูกใจแล้ว

32:17

Jay is more than just the host of All About Change podcast. He is a lawyer and international activist, who has focused his life’s work on seeking social justice by advocating for the rights of people with disabilities worldwide. On the special episode of All About Change, Mijon Zulu, the managing producer of the "All About Change" podcast, is taking over hosting duties to interview Jay Ruderman about his new book, his activist journey, and why activism is even more important today. Episode Chapters (0:00) intro (02:38) How does one choose a cause to go after? (03:33) Jay’s path to activism (07:50) Practical steps a new activist can take (09:24) Confrontation vs trolling (17:36) Learning from activists operating in different sectors (19:20) Resilience in activism (22:24) Reflections on Find Your Fight and goodbye For video episodes, watch on www.youtube.com/@therudermanfamilyfoundation Stay in touch: X: @JayRuderman | @RudermanFdn LinkedIn: Jay Ruderman | Ruderman Family Foundation Instagram: All About Change Podcast | Ruderman Family Foundation To learn more about the podcast, visit https://allaboutchangepodcast.com/ Looking for more insights into the world of activism? Be sure to check out Jay’s brand new book, Find Your Fight , in which Jay teaches the next generation of activists and advocates how to step up and bring about lasting change. You can find Find Your Fight wherever you buy your books, and you can learn more about it at www.jayruderman.com .…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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All about your brain & obtaining real-world behavioral finance knowledge! Listeners have access to original and engaging discussion of behavioral finance and cognitive bias.

72 ตอน

#Finance #Business Disciplines #Mental Models #Mental Models Podcast | Behavioral Finance #CFA #Dr. Daniel Krawczyk #George Baxter #Business

Mental Models Podcast It's not a brain in a jar, that's the gist!

61 subscribers

updated 4 ปีที่แล้ว

แบ่งปัน

หน้าโฮมของซีรีส์•Feed

All about your brain & obtaining real-world behavioral finance knowledge! Listeners have access to original and engaging discussion of behavioral finance and cognitive bias.

72 ตอน

#Finance #Business Disciplines #Mental Models #Mental Models Podcast | Behavioral Finance #CFA #Dr. Daniel Krawczyk #George Baxter #Business

ทุกตอน

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Game Stop Stock Unhinged: #72 29:02

4 yearsที่แล้ว29:02

29:02

GameStop $GME shops mainly sold physical video games. They would also stock many resale items. The physical locations capitalized on the same type of business that comic book shops often had by selling collectibles as well. Many projected that Game Stop had a very limited future and had been cut out of the supply chain as many electronic games are simply sold online in recent years. Hedge funds had high interest in shorting GameStop at the end of 2020. In January 2021 a long position idea existed with the idea that a pivot to in-person gaming meetings could be a way forward. Michael Burry was featured in the Big Short and he had advocated for a potential bright future for GameStop lending credibility to the value position. Melvin Capital was known for this, and was pretty aggressive in advocating for the short position. “Deep F…ing Value” (aka “Roaring Kitty”) entered the scene with the WallStreetBets crowd and advocated for buying GameStop and driving up the price. Around GameStop there was herd mentality forming and a desire to squeeze the hedge funds. It was equivalent to an ‘occupy Wall Street movement’. Everyone online had to going to buy Game Stop stock and not sell it for the short squeeze to work. These are known as “diamond hands”, which also happens with cryptocurrency. It became the ‘Prisoners Dillema’, a trust game, where everyone has to stay the course and not sell. A religious fervor built up as online investors from Robinhood wished to take down hedge funds that were seen as greedy. We discuss the typical scenario around short selling and short squeezes. There is some value for markets to have short sellers as they act as a shock absorber. Contrarian short sellers are naturally unpopular due to the historical interest in companies continuing to succeed. A set of factors aligned in 2021: the bull case for the stock, an online sentiment to stick it to short sellers, and the natural appeal of using Robinhood to become wealthy from the comfort of one’s own home. Meteoric rises in the price continued until it had reached three hundred dollars per share. This scenario may serve as a sign that retain online investors are coming online. It’s a case where people with limited investing skills scored a victory in this risky scenario. Some people may have participated simply to experience the thrill of being part of this movement as entertainment for some people. It is not healthy for society overall to have people treating the stock market like a casino. It had a sports betting feel to it. AMC theaters was on the way to bankruptcy, but took advantage of a price rise to raise capital to help their business. GameStop might have done this same thing. Financial markets serve a purpose and this type of scenario goes against the natural functionality of markets. The risk levels always rise with betting on perception this way. Perhaps GameStop will act as a gateway stock for people to begin investing careers. $AMC…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: EV Bubble Bursting: #71 23:29

4 yearsที่แล้ว23:29

23:29

The Electric Vehicle (EV) Bubble is rising and appears to be starting to burst. Issuances continue to pick up. The entire basket of EV stocks that we discussed in Episode #68 of Mental Models Podcast is now DOWN 42 % (at the time of this recording). The market will fluctuate and we will likely experience a surge with the approval of the US government stimulus. At this point it’s fair to declare the EV bubble BURST! Observing the current market is analogous to being a sea captain in the 1700’s. One has to wonder whether there is really land up ahead, or is it an illusion? What type of winds are about to blow in? In early 2021 It is like being in an El Nino year in the 1700’s, and everything is shrouded in mist. There are many unknowns, and a matter of waiting to see what is coming. We focus on what cognitive biases can tell us about investing. People may become more tolerant of risk when they use their stimulus checks to invest in the stock market, because this feels like found money. When you didn’t directly earn money, you have less personal attachment to it, which makes it easier to lose and enhances the tendency to take risks. By contrast, when the stock is declining, loss aversion can take over. This occurs when an individual refuses to sell because they do not want to feel foolish, or have to reverse themselves publicly. Experience in watching the market has shown that when a bubble bursts, it continues to decline for the next two years. During the extended fall, prices will typically level out, and then fall again. Individuals involved in the bubble may be prone to undesirable anchoring bias as they continue to wait for the price to recover to a previous level and then sell. You are not alone if you experience this happening to you! The 2021 "Alice in Wonderland Market" with all of its twists, turns and volatility will continue. Keep you eyes on the horizon, there is no easy fix! Don’t fall down the rabbit hole of cognitive biases along the way. Links Play and Understand Stock Market Bubbles: #68 https://podcasts.apple.com/us/podcast/mental-models-play-and-understand-stock-market-bubbles-68/id1458795155?i=1000505145809 #EV #electricVehicle #StockMarketBubble #EVBubble #Mentalmodelspodcast #cognitiveibias…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Money, genetics and your brain, lessons from “Behave” by Robert Sapolsky: #70 29:31

4 yearsที่แล้ว29:31

29:31

Financial insecurity impacts our brain and body throughout human development. Stress is increased with more authority & responsibility. Lessons from of Robert Sapolsky’s book “Behave: The Biology of Humans at Our Best and Worst” For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast to avoid the biases that are keeping you from making a profit in the market. Stay safe and healthy out there! Sapolsky's book provides a bird’s eye view on how our behavior evolves from seconds to months and years prior to the time that we act. It is well-stocked with excellent lessons about neuroscience, biology, genes, and culture. This lengthy book is engaging throughout and tackles complicated and controversial topics. Sapolsky provides an important biological link to explain the ways that we behave. He emphasizes that our biology is inextricably linked to our cultures and hierarchies. He takes on the challenges of social comparisons, wealth inequality, and systemic poverty. Relative positions in society link back to our mental health with implications for our health and biological function. Human happiness in the corporate world is discussed. It is impacted by A. Autonomy, B. Place in the hierarchy, and C. Number of direct supervised employees. A and B impact our well being in a positive way, while C increases our perceived stress. Three keys to lowering executive stress are noted: 1. Maintain a strong place in a hierarchy 2. Gain autonomy over your decisions 3. Outsource much of the daily micro management Other critical drivers of behaviors are discussed related to market participation. These include economic exchange games including the ultimatum game. People who participate in high trade volume (whether it be in a financial market or a street market) tend toward making fair offers. This establishes trust and reputation which lead to human thriving and the development of productive civilizations. This has implications about need for autonomy and experience in growing your own success. Zero-sum thinking leads toward people avoiding you. There needs to be a healthy balance between cooperation and competition. You can go very far in life if you ensure that you maintain mutual benefit with any sort of deal you make. The book frames many sophisticated and complex behaviors in terms of evolutionary theory, genes, and neurobiology. Honor and revenge cultures lead to tremendous stress and unhappiness. Sapolsky reminds us that so many systems from culture down to genes is one of modulation. Links: Robert Sopolsky’s book “Behave: The Biology of Humans at Our Best and Worst” https://www.amazon.com/Behave-Biology-Humans-Best-Worst/dp/1594205078…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Lessons for finance, economy, & human behavior. Book review of “Sapiens”: #69 32:29

4 yearsที่แล้ว32:29

32:29

Brain and Investing lessons that we took from the book Sapiens by Yuval Noah Harari (2017). An excellent read covering many surprising insights about human behavior from individuals to global institutions. From a scientific standpoint this book highlights the unique cognitive capacity of Homo sapiens. We can imagine theoretical constructs that cannot actually exist. This tendency gave rise to our ability to create other fictions that we live by. These include monetary systems, corporations, and law structures. Group behavior and trust underlie many phenomena that we take for granted in our lives. The book discusses the development of money, a powerful fictional construct that works because we all believe in the fiction and agree upon its value. Money can be viewed as a contract that enables us to transact on the fly. For more depth on this topic, please listen to Episode #2 of this podcast “Value drives our lives” Another remarkably important development the book covers is the willingness of people to admit that they do not know something. Professing uncertainty serves as a driver for human progress. Admitting ignorance gives us a reason to explore the world and run experiments so that we find better answers. Our quest for learning enables us to fill in the blindspots that exist within our mental models of the world. Another fascinating feature of our lives is that we now imagine a better future filled with dramatic progress. This is a new phenomena relative to many prior civilizations that did not have reasons for optimism, since they were much more subject to disease, lack of progress, and stagnation. Trust leads to cooperation which leads to growth. This leads to greater optimism and even more trust, which can transform a society for the better. Chapter 16, The Capitalist Creed is likely the most interesting chapter for our audience. The insight that trust underlies credit is fundamental to progress. With credit, growth is possible in a nearly magical way. Paying back loans led to further extension of investment and this drove history forward, rather than the dictator model where a monarch determines that land should be acquired by conquest. History is not predetermined. Rather, it is a dynamic series of complex interactions that can take unexpected turns and is often only predictable in retrospect. Please see our previous episode #13 on the Hindsight Bias if you find this topic compelling and want to hear more. A final interesting point about human progress is asking the question “are we happier?” after all of the progress that we have made. This remains open for debate and may inspire new research aimed at addressing our core needs as our lives become further enmeshed within technology and widespread information availability. We end by touching upon the intriguing topic of “brain hacking”. Links: Sapiens by Yuval Noah Harari (2017) Read more on Amazon https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari-ebook/dp/B00ICN066A/ref=as_li_ss_tl?pf_rd_m=ATVPDKIKX0DER&pf_rd_p=fcaa6d12-8b2b-4ad7-b277-864b2da79f6e&pf_rd_r=6FFDPEP8Z6AEX1RBSPTF&pd_rd_wg=Rl5OI&pf_rd_s=desktop-dp-sims&pf_rd_t=40701&pd_rd_w=T017i&pf_rd_i=desktop-dp-sims&pd_rd_r=3fdfa333-966e-11e8-a126-fd3c94bb211d&pd_rd_i=B00ICN066A&psc=1&refRID=6FFDPEP8Z6AEX1RBSPTF&linkCode=ll1&tag=natsite-20&linkId=42ececba032ff9e0d90705e1943bacac&language=en_US…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Play and Understand Stock Market Bubbles: #68 42:26

4 yearsที่แล้ว42:26

42:26

Mental Models Podcasts predicts that this historic and unprecedented bubble will crash by the second quarter of 2021. Bubbles are driven by narratives. Bubbles have an end but timing the end of the bubble is unknown, which is the risky part, and very different than sports betting. Predictors are, volatility, age tilt, issuance, market cave, and acceleration. How do you understand bubbles...visiting with historical features of bubbles, academic literature, lessons learned from Saberpoint Capital’s review, biases, and looking forward into 2021. Robin Greenwood, Andrei Shleifer, and Yang You (2017) observed the period of 1926-2014 identified 40 different bubbles, suggesting bubbles are not that common. The four main findings are presented on pages 2-3 in Greenwood, et al, paper based on Eugene Fama’s work, see Link https://doi.org/10.1016/j.jfineco.2018.09.002. [Eugene Fama (academic papers listed below)] A SPAC investment is a Special Purpose Acquisition Company (SPAC)”created solely to merge or acquire another business and take it public”, this is often a cheaper option to a PO (public offering). Biases to be aware of are optimism and fear of missing out that could push your towards the bubble. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast to avoid the biases that are keeping you from making a profit in the market. Stay safe and healthy out there! Fama’s Academic papers: Fama, Eugene F., 1965, “The Behavior of Stock-Market Prices,” Journal of Business 38, 34-105. Fama, Eugene F, and Kenneth R. French, 1992, “The Cross-Section of Expected Stock Returns,” Journal of Finance 47, 427-465.Fama, Eugene F, and Kenneth R. French, 1997, “Industry Costs of Equity,” Journal of Financial Economics 43, 153-193.Fama, Eugene F., 2014, “Two Pillars of Asset Pricing,” American Economic Review 104, 1467- 1485.…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Stock Winners and Losers heading into 2021: #67 20:46

4 yearsที่แล้ว20:46

20:46

COVID-19 has created an unprecedented impact on the stock market. There have been clear wining and losing stocks in 2020, where will these stock go in 2021? We review the uncharted stock market ahead, stocks to consider travel, #RV, #technologies, & #paper products. So much more to think about with the change that the vaccines for COVID_19 will bring - #hope for a healthier economy. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast to avoid the biases that are keeping you from making a profit in the market. Stay safe and healthy out there!…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Political Theater, Psychology and Stock Market predictions for 2021: #66 22:51

4 yearsที่แล้ว22:51

22:51

Analogies help when we are faced with new challenges. Current events matter for the stock market, let’s frame these current events in relationship to historical perspective of the 2016 election and the impact of the market. ‘Political theater’ impacts the stock market, with the unknowns of the last 4 years and the uncertainty of the control of the senate for 2021. The. Market is a forward looking mechanism and what is the market thinking about the future, in terms of the most positive and most negative outcomes. In reality even if you know the outcome, you don’t know the response that the market will take. In six to 12 months there will be an economic recovery as the vaccine is distributed, the market will continue to watch . Currently, There is a great deal of bullishness and optimism. As the year ends that pattern will continue into 2021. Our next podcast #66 will focus on the stocks and industries that are the winners and losers of 2020, going into 2021 due to the COVID-19 effect. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast to avoid the biases that are keeping you from making a profit in the market. Stay safe and healthy out there!…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Streaking Star Effect or Bias: #65 23:35

4 yearsที่แล้ว23:35

23:35

A talent that you have, but will it last, unlikely! We all want that superior money earning performance to continue, and we enjoy the success of an individual over a team (Jessie Walker and Tom Gilovitch reported on it in 2020, links below). Because we like narratives and we want to be the hero of our story, just like Kolby Bryant or LeBron James were for the Lakers. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast for updates on the current state of the market. Stay safe and healthy out there! Links: Walker & Gilovich (2020) Journal of Personality and Social Psychology https://doi.apa.org/doiLanding?doi=10.1037%2Fpspa0000256 More on Streaking Star effect in Science Daily https://www.sciencedaily.com/releases/2020/08/200831094719.htm…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Mistique behind Winning Streak, Hot Hand Effect: #64 28:20

4 yearsที่แล้ว28:20

28:20

Hot hand effect is the mystic behind your winning streak, despite all of your theorizing. There are many factors that explain the wins in the stock market, but the hot hand effect/bias is one to consider. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast for updates on the current state of the market. Stay safe and healthy out there!…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Changes to Economic Landscape: #63 29:08

5 yearsที่แล้ว29:08

29:08

Moving parts of the current economy has been influenced by the pandemic. This is an unprecedented time and reflects a poor experimental design. What is changing and what is holding steady, if anything? The government continues to print money, but has delayed another stimulus package. At one end the economy is being squeezed, (leisure and travel) and at the other end expanded, (home goods and home improvements). 2020 is about trying something new and innovative as we continue to adjust to the rise and fall of the impact by COVID-19 and the individual states response in opening and closing of society. We have to consider multiple possible futures, so acting with certainty on anything is difficult! Recommended to play both ends, products that are strong now, and others that will be sure to come back, such as concerts. For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Continue to listen to Mental Models Podcast for updates on the current state of the market. Stay safe and healthy out there!…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Compassion & Revisit #47 Our Basic Human Values: #62 19:33

5 yearsที่แล้ว19:33

19:33

Compassion and our basic human values drive us. In this episode we revisit a popular episode, and discuss values in detail from both an investing & psychological perspective. Our mental models of other people’s behavior. As the market turns…Stay safe and healthy out there! For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Join Dr. Dan Krawczyk, host of Mental Models Podcast and Deputy Director of the Center for BrainHealth(Dallas TX)and Bonnie Pitman (former director of the Dallas Museum of Art, Bonnie is a national leader in the public engagement of art) for a FREE virtual talk on compassion. How can we become more compassionate? How do our brains accomplish compassion? What effects does compassion have on others and on ourselves? They will tell us more about the biology and psychology of compassion, who will explain the benefits of leading a compassionate lifestyle. Bonnie will also teach us skills and methods for us to refine our practices to become more compassionate individuals. LOCATION Virtual: A link to access the event will be provided upon registration. DATE: 9/17/2020 TIME: 7:00-8:00 PM (central time) TICKETS: Free! Pay it forward by sharing with a friend. REGISTER (copy and paste link) https://brainperformanceinstitute.force.com/BPI/evt__QuickEvent?id=a233u000001UUaG Links: Chart of Basic Human Values by Schwartz: https://en.wikipedia.org/wiki/Theory_of_Basic_Human_Values Mental Models Podcast Episode #2 "Value Drives our Lives! Your Brain Response to Value and Investing" listen on Apple Podcast https://podcasts.apple.com/us/podcast/value-drives-our-lives-your-brains-response-to-value/id1458795155?i=1000434905197 or SoundCloud https://soundcloud.com/user-682136294/2-value-drives-our-lives-your-brains-response-to-value-how-it-affects-our-investing-lives Mental Models: "Inside Bill's Brain: Decoding Bill Gates": #28 listen on Apple Podcast https://podcasts.apple.com/us/podcast/mental-models-inside-bills-brain-decoding-bill-gates-28/id1458795155?i=1000453548100 Teed, A. R., Rakic, J., Mark, D., & Krawczyk, D. C. (2019). Relative activation patterns associated with self-transcendent and self-enhancement core values: An fMRI study of basic human values theory concepts in males. Social Neuroscience, 25,1-14.…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Is Spotify a Good Investment?: #61 17:28

5 yearsที่แล้ว17:28

17:28

Spotify changing up the podcasting distribution - does it make Spotify a good investment? Spotify is scooping up top podcasters like Joe Rogan and Kim Kardashian to enhance their reach and overall product. Mental Models Podcast is waiting on the phone call from Spotify, we are ready to join the A listers! As the market turns…Stay safe and healthy out there! For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Join Dr. Dan Krawczyk, host of Mental Models Podcast and Deputy Director of the Center for BrainHealth(Dallas TX)and Bonnie Pitman (former director of the Dallas Museum of Art, Bonnie is a national leader in the public engagement of art) for a FREE virtual talk on compassion. How can we become more compassionate? How do our brains accomplish compassion? What effects does compassion have on others and on ourselves? They will tell us more about the biology and psychology of compassion, who will explain the benefits of leading a compassionate lifestyle. Bonnie will also teach us skills and methods for us to refine our practices to become more compassionate individuals. LOCATION Virtual: A link to access the event will be provided upon registration. DATE: 9/17/2020 TIME: 7:00-8:00 PM (central time) TICKETS: Free! Pay it forward by sharing with a friend. REGISTER (copy and paste link) https://brainperformanceinstitute.force.com/BPI/evt__QuickEvent?id=a233u000001UUaG…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Investment Decisions in Levitating Market: #60 22:59

5 yearsที่แล้ว22:59

22:59

How does COVID-19 continue to influence market decisions? Online and e-commerce are impacting the market, as is the upcoming presidential election. What opportunities will the stock market provide? Small cap and large cap are seeing growth, and the indices are up, despite the “wall of worry” from possible presidential change. There is a tremendous liquidity put in the market and indices are up. As the market turns…Stay safe and healthy out there! For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Psychology of Disney Stock since Virus Crisis: #59 23:27

5 yearsที่แล้ว23:27

23:27

What is the psychology of HOW Disney stock is traded due to #COVID-19? Disney provides ‘top notch escapism’ via multiple arms of the corporation. Additionally, psychology of Disney power is the ‘autobiographical memories’ associated with the Disney ears, Walt Disney himself, and the Disney Park experience. The stock will likely ride the COVID_19 wave despite, at least 50% of their operations having been impacted by COVID-19. Disney stock has held up; trading from about $150 to about $120. Fortunately, Disney has the ‘Castle in the sky’ AKA Disney Plus. Disney Plus is providing Disney stock with the illusion of doing well. Disney plus may become more habit forming during the pandemic or more people will buy Disney Plus for greater variety with more family time at home. For now, Disney Plus is not enriching Disney stock value, but the illusion of the ‘castle in the sky’ is likely keeping the stock stable. The recent reopening of Disney World in Florida has surely added to the stabilization of Disney stock. Due to these psychological factors we are cautiously optimistic, that the future for Disney stock looks rosy…also, when companies have a draw down they proactively make transitions to improve product and strengthen stock value in the future. In Chineses the symbol for crisis is the same for opportunity. What opportunities will the stock market provide? Listen to Mental Models Podcast show #60 to learn more about stock opportunities (coming soon). Stay safe and healthy out there! For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Links: Bob Igor CEO of Disney retires when stock was at $125. https://www.nytimes.com/2020/02/25/business/media/bob-iger-disney-ceo.html Disney Stock Price https://www.marketwatch.com/investing/stock/dis Autobiographical Memory https://en.wikipedia.org/wiki/Autobiographical_memory…

Mental Models Podcast It's not a brain in a jar, that's the gist!

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Mental Models: Where is stock market going…crash?: #58 22:22

5 yearsที่แล้ว22:22

22:22

Risk is always a part of investing but even more with the unknowns of opening and closing of the economy. Another factor driving the market is the money the feds are pumping out. Also, the influx of Robinhood accounts, driven by the lack of outlet for risky behavior (i.e. sports betting) and the stimulus checks. What happens to the stock market when sports open back up and those investors jump ship? There is a gap between Main Street and Wall Street, where will it take the market? Fear, Stress, and Optimism are driving the current market. Continue to listen to Mental Models Podcast for updates on the current state of the market. Stay safe and healthy out there! For more on best investing strategies, avoiding bias and learning about your brain BUY 5 star reviewed book “Understanding Behavioral Bia$” on Amazon - link here: http://amzn.to/2XHtsOE Links: Discussed but not recomending…Bar stool investing with Davey at Bar Stool Sports https://www.barstoolsports.com Robinhood accounts for individual investors. https://robinhood.com/us/en/…