Learning Various De-biasing Strategies - Bryan Foltice Behavioral Finance Podcast (Ep. 18)

In this episode, we finish the Behavioral Finance Undergraduate course content with an episode devoted to various de-biasing strategies.

00:00 Introduction
04:18 4 Steps to Eliminate Bias 1. Bias Awareness 2. Motivate why the bias is important 3. Direction and Magnitude 4. Ability to eliminate/overcome
10:00 How to Reduce Bias (Actual Equation/Rule of Thumb/Experiential Learning)
17:20 People Have Different Learning Preferences When it Comes to Reducing Bias
18:40 When is it Appropriate to Teach Bias Reduction? Just-In-Time Learning
23:15 Why to People Who Look at their Portfolios Each Day Perform Worse?
27:08 Understanding Your Budgeting Personality
34:40 Understanding the Difference Between Subjective and Objective Risk

I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini-lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!

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