Graeme Newell's video: Times We re Most Susceptible to Bad Investment Choices - Understanding Behavioral Finance Concepts

Impulsive decision making is what causes most bad investment choices. Understanding behavioral finance concepts can help you recognize the signs that an impulsive decision might be likely. In this video behavioral finance researcher Graeme Newell shows how a cognitive bias called the “availability heuristic” biases decision making. As we age, our ability to make snap decisions improves, but this also makes us more gullible to bad choices. Learn how our brain ages and the cognitive biases we’re more vulnerable to. You’ll learn how behavioral biases influence our subtle choices and how behavioral investing can optimize your investment choices. Understanding cognitive biases in decision making can add to your bottom line. But you’ve got to learn to detect behavioral finance bad practices and shut them down before they take over your brain. Learn how behavioral finance, an offshoot of behavioral economics, is influencing investment choices for everyday investors and financial decision pros. 🔴 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/ Talk to Graeme about virtual and onsite presentations: https://graemenewell.com/ 🎬Watch my most recent videos: https://bit.ly/2W8sAmJ See Graeme’s speeches: https://bit.ly/2Owg2RY 💕My Most Watched Videos: How the Covid Pandemic has Changed Purchasing Habits: https://youtu.be/RxIF8x8GIog The Emotions that Connect Best with Financial Services Customers: https://bit.ly/2DVTBDI How Financial Service Company Use Emotion to Bond with their Customers: https://bit.ly/2PPS8S1