Why does bad news get more attention than good news? Clinton and Kevin tackle the seduction of pessimism in this Financial 15.
This video is part of our Becker Orr Original Series on Behavioural Finance. Check out the other episodes:
Episode 1: Cognitive Biases
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Episode 2: Emotional Biases
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Episode 4: Environmental Influences
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Episode 5: Wealth and Happiness
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This episode is based on Morgan Housel's book, The Psychology of Money. He also wrote a blog post on the same topic, you can read that for free here:
[ Ссылка ].
Clinton and Kevin are with Becker Orr Wealth Management and are both Portfolio Managers with Canaccord Genuity Wealth Management. Combined they have over 40 years of experience. In this episode they tackle:
0:00 Intro
0:54 Seduction of Pessimism
2:04 Loss Aversion
5:27 Ubiquity of Money
6:35 Extrapolation Errors
11:30 Progress Happens Slowly
Have a question or want to review your financial plan? Chat with us! Visit:
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The Seduction of Pessimism - Financial 15
Теги
FinanceInvestingBecker Orr Wealth ManagmentClinton OrrKevin beckerFinancial PlanningCanccord GenuityPessimismBehavioural financepsychology of investingpsychology of moneyloss aversionthe seduction of pessimismpessimism in the marketseduction of pessimismloss aversion biasloss aversion behavioural financeloss aversion explainedwhat is loss aversionpessimism and moneycognitive biasespessimism in the marketspessimism in the stock market