The Thinker's Guide to Market Volatility, with Dr. Steve Wendel and Sam Lamas

Dr. Steve Wendel is a behavioral economist and the head of behavioral science at Morningstar, an independent investment research firm.

Samantha Lamas is also a behavioral researcher at Morningstar.

They discuss the hidden biases in our decision making and how these hidden biases affect us - particularly during this pandemic and during times of high anxiety and stress.

They also discuss techniques that will help us avoid deceiving ourselves.

For more information, visit the show notes at https://affordanything.com/episode253

Om Podcasten

You can afford anything, but not everything. We make daily decisions about how to spend money, time, energy, focus and attention – and ultimately, our life. How do we make smarter decisions? How do we think from first principles? On the surface, Afford Anything seems like a podcast about money and investing. But under the hood, this is a show about how to think critically, recognize our behavioral blind spots, and make smarter choices. We’re into the psychology of money, and we love metacognition: thinking about how to think. In some episodes, we interview world-class experts: professors, researchers, scientists, authors. In other episodes, we answer your questions, talking through decision-making frameworks and mental models. Want to learn more? Download our free book, Escape, at http://affordanything.com/escape. Hosted by Paula Pant.