Behavioral Finance discussions of Mental Models, Bias, Decision Making, and Brain Science that will help you overcome biases that are keeping you from investing success. You hosts (Dr. Daniel Krawczyk & George Baxter JD CFA) have written a book "Understanding Behavioral Bia$: A Guide to Improving Financial Decision Making" that continues to discuss all of these topics and will be available November 2019.

Mental Models Podcast it's not a brain in a jar | Behavioral Finance

Do you want to learn about Mental Model$, behavorial finance and neuroscience/your brain? Do you want to know how your brain functions and the interactions with financial decision making? This show is for you!  This show is also the perfect opportunity for listeners to meet the hosts and get to know their style. Mental Model$ Podcast provides listeners with an opportunity to enjoy original, high-quality content. Tune in, subscribe and discover why listeners refuse to miss Mental Models Podcast.
 BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels 
Behavioral finance advice   Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions then this book is for you!
#understandingBehavioralbias

Mental Models: Your brain & behavioral finance: #1

Value runs deeply within your brain. The brain’s reward systems respond to primary incentives, but the story does not end there. People amplify the value of objects and experiences to a dramatic degree through our shared perceptions. Investing is guided by both ground truth value and our extended mental models of the situation.  The social narrative can amplify value, as is the case of Warren Buffet’s signed ukulele selling for upwards of $10,000. Human perception drives the value of art, memories, family, and even preserving your DNA. The value placed on earning more money can be prolific, for example many star investors have much more money than they could ever need, yet the pervasive drive to acquire more leads to the very very hungry man with the very small mouth, that can never get enough. We want more and we can be envious of others.  Values drive humans to become highly motivated primates!  BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels 
Behavioral finance advice   Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions then this book is for you!
#understandingBehavioralbias

Value drives our lives! Your brains response to value & investing lives: #2

We take a deep dive into the benefits of thinking in groups and how our mental models change through group interactions. Team members can help us to flesh out our mental models in a variety of situations. Seeking multiple opinions can give you a wider perspective, but other people’s opinions can have an oversized effect on your thinking. Benjamin Graham spoke about the quality of your analysis making a big difference, but also that listening to groups can aid you to be a better investor. Psychologists call this process of understanding motivations of others “theory of mind”, or perspective taking. Trying to understand others’ mental models is important because others can be right, wrong, or even misleading. Interested in a master guide to winning the market? – listen in!  Groupthink is a rich topic, relevant whenever we work in teams. Team work influences our financial decisions. Keep an eye out for Groupthink Part 2 focused on the specific risks and benefits of working with investment teams.
 BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels 
Behavioral finance advice   Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions then this book is for you!
#understandingBehavioralbias

Groupthink Part I: #3

Groupthink how being part of an investing team comes with positive and negative factors. How working with a team can derail your investing strategies and decision making. Discussed are tried and true decision making tips to overcome the Groupthink bias.
BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels 
Behavioral finance advice   Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions then this book is for you!
#understandingBehavioralbias

Groupthink Part 2: #4

How do you avoid decision fatigue? Strategies used by George Baxter, JD, CFA include limiting his decisions outside of his professional life as a hedge fund manager, thereby fighting the chances of becoming fatigued.  For example, you can follow others leads in ordering food. Make use of automated strategies and use default rules to make decisions.  This will help you to reduce decision fatigue.  Humans make multiple decisions in a day, excessive numbers of options can also result in anticipated regret from not picking one choice over the other and can result in exhaustion. More choices can lead to the best investing outcomes...or so it would seem. Making too many decisions is not a positive strategy and can cause mental exhaustion.  BUY “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE | NEW Behavioral Finance BOOK | Behavioral finance advice and solutions. #mentalModels 
Behavioral finance advice   Visit mentalmodelspodcast.com for more insights.
This book will help you overcome the biases that are keeping you from investment success!
Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.
Published by Business Expert Press
Behavioral Finance Book AVAILABLE NOW ON AMAZON http://amzn.to/2XHtsOE
Do you want strategies to make better financial decisions?
Do you need a translational guide to Thinking Fast and Slow?
Do you want to be a better investor and earn more money?
If you said yes to any or all of the above questions then this book is for you!
#understandingBehavioralbias

Decision Fatigue | Strategies for Success: #5

In this episode we consider how our memory systems are organized and what we can do to help become better at remembering in a variety of areas of our lives. We consider memory from a multiple memory systems approach focusing on working memory- our short-term store. Working memory has a clear limit and we can use a “chunking” strategy to group items together allowing us to remember more. We discuss the extreme versions of this tactic described by expertise researcher K. Anders Ericsson and his book “Peak” https://www.amazon.com/Peak-Secrets-New-Science-Expertise/dp/1531864880
   We also discuss how you can employ tips to maximize your memory performance in the context of work and investing. We touch on a variety of other factors that may also impact your working memory.

 - BUY  “Understanding Behavioral BIA$” http://amzn.to/2XHtsOE  
  This book will help you overcome the biases that are keeping you from investment success!
   Authored by Daniel Krawczyk, Ph.D. & George Baxter, JD, CFA your hosts of Mental models Podcast.  #mentalModels 

     VIDEO of Dr. Daniel Krawczyk on Fox4News “Understanding Behavioral Bia$" https://www.fox4news.com/video/655696

Mental Models: Use Chunking to Conquer Memory Limitations: #44

All about your brain & obtaining real-world behavioral finance knowledge! Listeners have access to original and engaging discussion of behavioral finance and cognitive bias.

Mental Models: Use Chunking to Conquer Memory Limitations: #44

Mental Models Podcast | Behavioral Finance