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Why We're Hardwired to Be Terrible Investors

Retirement Straight Talk With Paul & William

06-02-2024 • 29 minutos

Studies have shown that investors consistently underperform the investments they own.


Why does this happen?


It's because our brains have been hijacked by our biology. Human evolution started about 4-7 million years ago. Humans have spent more than 99% of their evolutionary history in the hunter-gatherer environment.


So many of our natural tendencies today are shaped by what was good for our ancestors.


This week, Paul & William discuss how many of these deeply engrained tendencies cause us to make poor investment decisions.


After listening, you will be better aware of your natural human biases and how to limit their effects to help you become a better investor.


Connect With Paul & William:


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The views and opinions expressed in this podcast may not necessarily reflect those of IPC Securities Corporation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.


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