Graeme Newell's video: Avoiding Behavioral Finance Biases: What is the Recency Bias Definition

What is the Recency Effect? It’s one of the behavioral finance biases that affect our very flawed human brain’s tendency to believe that current events are more important than the past or future events. The Recency Effect can really affect our finance health because these biases skew our money decisions. This is applied behavioral science in action. Cognitive biases in decision making can have a profound effect on our bottom line. Behavioral finance speaker, Graeme Newell, gives us three tactics to fight the “recency effect” and how we can avoid making foolish investing decisions. 🔴 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/