Investing Beyond Gut Feeling: The Mental Model Advantage
Summary:
Mental models are indispensable for making wise investment decisions. They provide a blueprint that makes sense of the world and provides rules of conduct for any given situation. Mental Models act as a filter that reduces the “noise” that interferes with our ability to make wise decisions. As a result, mental models bring order and clarity to decision-making.
What you will learn:
- Mental models are indispensable for making wise investment decisions.
- Mental models provide a blueprint that makes sense of the world and provides rules of conduct for any given situation.
- Mental models bring order, clarity and success to decision- making.
ABOUT THE PRESENTER
John Shelton is a retired Ph.D level psychologist who has studied the psychology of investing for more than a decade. He is particularly interested in the decision-making biases which lead us to make poor decisions when faced with uncertainty and risk. He has written several books on the subject, with more on the way.