Episode 18: De-Biasing Strategies and Better Understanding Our Behaviors (and Others)

In this episode, we finish the Behavioral Finance Undergraduate course content with an episode devoted to various de-biasing strategies. 

00:00 Introduction 
04:18 4 Steps to Eliminate Bias 1. Bias Awareness 2. Motivate why the bias is important 3. Direction and Magnitude 4. Ability to eliminate/overcome
10:00 How to Reduce Bias (Actual Equation/Rule of Thumb/Experiential Learning) 
17:20 People Have Different Learning Preferences When it Comes to Reducing Bias
18:40 When is it Appropriate to Teach Bias Reduction? Just-In-Time Learning  
23:15 Why to People Who Look at their Portfolios Each Day Perform Worse? 
27:08 Understanding Your Budgeting Personality
34:40 Understanding the Difference Between Subjective and Objective Risk

I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini-lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!

Please click "Subscribe" and click the bell icon to keep up to date with new videos from Dr. Bryan Foltice - Behavioral Finance. If you've got any questions or feedback about this video content, please leave a comment in the comments section.

 To Find out more about Bryan Foltice Behavioral Finance: 

Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-fol...

Disclaimer: www.bryanfoltice.com/cv

#behavioralfinance #bryanfoltice #behavioralfinancebiases #behavioralfinanceheuristics #psychologyandfinance #behavioralfinancespeaker #financepsychology #financialdecisions