Anchoring bias - Season 1/Episode 9

The anchoring bias is a fascinating one, and part of the human psyche that is sometimes quite hard to understand. We get ourselves anchored to pieces of information that may or may not have any bearing on the facts and the decision we need to make. https://nudgingfinancialbehaviour.podbean.com/e/anchoring-bias-episode-9-season-1/ To help unpack anchoring bias and how we can try to be aware of it in our lives, we talk to Louise Bedford. Louise is a best-selling author from Australia, a trading mentor and she hosts her own podcast – Talking Trading. It’s safe to say that Louise knows what she’s talking about on the topic. Useful links: More about our guest Louise Bedford: https://www.tradinggame.com.au/about-us/louise-bedford/ The study done on anchoring: https://www.jstor.org/stable/10.1086/425103?seq=1#metadata_info_tab_contents You can also read more on my blog: https://www.nudgingfinancialbehaviour.com/the-anchored-trader/ Or watch to the video version of this podcast episode: https://youtu.be/P0nRZlu1sFA Special thanks to everyone who has helped put this series together:     Our sponsors: IG Markets South Africa     Producer: Faeron Wheeler of F Creations     Music by: Neil Leachman     Sound recording and mixing: Giovanni Serci of Soundcast Studios     Video and editing: Kyle Wesson     Hair and makeup: Ida Webster     Set styling: Michelle Murray of Interiors Etc.   Voice over: Sizo Mphti