Influence And Pre-Suasion With Dr. Robert Cialdini (TIP106)

IN THIS EPISODE, YOU’LL LEARN:

0:00:00 - Intro
0:15:28 - What Daniel Kahneman has said is the most important thing to understand
0:20:26 - How Charlie Munger and Warren Buffett made 100s of millions of dollars by reading Dr. Cialdini’s book
0:22:15 - Why Warren Buffett always starts his annual shareholder letter by outlining a mistake he has made in the past year
0:24:57 - The 6 most powerful factors of influence used in marketing
0:26:53 - Why and how 97% of all online buyers are influenced by social proof before making a buying decision

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ADDITIONAL INVESTING RESOURCES:

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DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

[TheInvestorsPodcastNetwork]

In this episode, Preston and Stig interview billionaire Charlie Munger’s #1 favorite author, Dr. Robert Cialdini.

Quick side note: we would like to remind the TIP Community to beware of cyber scams & phishing attacks. We have received reports of fake accounts claiming to be affiliated with The Investor's Podcast Network or posing as one of our hosts. Please help us report those suspicious accounts. We will never reach out to you for any business or investment opportunity. Stay vigilant!

[alexoolau]

Social approval for amazon purchase is fine. Social approval for a stock purchase is problem due to valuation issue.