Mind Over Money's Podcast

In today's Mind Over Money podcast, I took a closer look at decision-making. Specifically, I wanted to explore what often gets in the way of good decision-making, especially when the financial landscape is shifting like it is now.   And that means we have to focus on the cognitive biases, those mental short-cuts, filters, and processes that help us make decisions faster.   Because those same short-cuts just as often short-change us from the best outcomes in everything from stock-picking -- and its twin challenges of risk and profit management -- to car shopping and job hunting.   Remember that this podcast wants to come at our “brains on risk” from 3 distinct angles:   Angle #1 is behavioral finance. This is the field of cognitive biases and heuristics that Daniel Kahneman and Amos Tversky broke big ground for in the late 1960s and 1970s. I call this way of knowing about our decision-making the OUTSIDE-IN approach because the behavioral researchers and social scientists are conducting problem-based experiment