A Framework for Better Investment Decision Making

Episode #181 | November 19, 2020

Episode #181 | November 19, 2020

A Framework for Better Investment Decision Making

In This Episode

Over the last few years, there’s been a few small headlines questioning if value investing is still viable…

Now The Economist has published a new article on value investing that has caught Dan’s eye. Dan digs into some popular value metrics and the future of the value investor and on his opening rant.

Then Dan sits down for a conversation with Annie Duke. Annie is a former professional poker player who won over $4 million in poker before retiring in 2012. Today she is an author, corporate speaker, and consultant in the decision-making space.

Annie and Dan talk at great length about her latest book, Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts. Annie provides the listeners with a framework for making better decisions and producing more consistent investment results.

Annie says by shifting your thinking from a need for certainty to a goal of accurately assessing what you know and what you don’t, you’ll be less vulnerable to reactive emotions, knee-jerk biases, and destructive habits in your decision making… something every investor needs to master.

And finally, on this week’s mailbag, Dan answers questions about DRIP investing and entering the crypto space for the first time…

But turns out tensions are still high from last week’s episode. Today, two different listeners write it accusing Dan of being unpatriotic.

Listen to Dan’s full rebuttal and more on this week’s episode. And check out our other podcast: American Consequences with Trish Regan: https://americanconsequences.com/podcast/