Express
What is The Anchoring Effect?
The 80 Percent Express are special short episodes where I share a financial concept or answer a question sent by a listener. In this episode, we'll be delving into the anchoring effect, a cognitive bias that often influences our financial decision-making. I’ll explain the anchoring effect, provide simple examples to illustrate its impact and share strategies for effectively dealing with it. To read the transcript, you can visit my blog post here.
What is The Sunk Cost Fallacy?
The 80 Percent Express are special short episodes where I share a financial concept or answer a question sent by a listener. In this episode, we're exploring a common cognitive bias called the sunk cost fallacy and its impact on our financial decision-making. We'll discuss the sunk cost fallacy, provide examples to illustrate it, and share strategies for overcoming this bias. To read the transcript, you can visit my blog post here.
What is The Framing Effect?
The 80 Percent Express are special short episodes where I share a financial concept or answer a question sent by a listener. In this episode, we’re exploring the fascinating concept of the framing effect and its impact on our financial decision-making. We'll discuss the framing effect and how it influences our choices and share some strategies for dealing with it effectively. To read the transcript, you can visit my blog post here.
