Real Life Money
The Stock Market & Crypto
Video player coming at launch
About this episode
What it's about
"I know it's gambling. I just don't see another way to catch up." That's the line David hears most often from clients in their thirties. This episode takes the urge seriously — not to lecture, but to unpack the psychology of high-risk investing in a world where the safe path feels closed. Behavioural biases, not stock tips.
Overconfidence biasHerd mentalityLoss aversion
In this episode
What we cover
- Overconfidence bias and the illusion of expertise
- Herd mentality and FOMO in retail trading
- Loss aversion: why people hold losers and sell winners
- The dopamine rush as a logical response to financial nihilism
- Separating the emotional urge from the financial decision
Where to start
Discover your Money Persona
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