At the Money: Investor Incompetence

Investor incompetence might play a larger role in poor
performance than you think. That's thanks to a phenomenon called
the Dunning-Kruger Effect. To explain, Barry welcomes David
Dunning to the podcast. Dunning is a professor of psychology at
the University of Michigan. Dunning’s research focuses on
decision-making in various settings. In work on economic games,
he explores how choices commonly presumed to be economic in
nature actually hinge more on psychological factors, such as
social norms and emotion.


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