Investing Psychology Chapter 6: How to Fix Your Brain (Part 1)
We’ve spent the last five chapters talking about how biased we are. Now it’s time for the “how-to” part. How do we actually fix these mental glitches?
Debiasing
Investing Psychology Chapter 6: Fighting Your Biases With Better Strategies
Chapter 6 is called “Debiasing.” After five chapters of telling us how broken our brains are, Richards finally starts talking about what we can actually do about it. The short answer: there is no magic fix. But there are tools that help.
Behavioral Biases Part 2 - Emotions and Debiasing
This is a retelling of Chapter 2 (second half) from “Behavioral Finance for Private Banking” by Thorsten Hens, Enrico G. De Giorgi, and Kremena K. Bachmann (Wiley, 2018).