Michael Batnick

Animal Spirits: Is This Worse Than 2008?

On today’s show we talk about:
-The sudden economic stop
-Will people work from home after the virus passes?
-What if the NBA didn’t cancel their games?
-What happened with bond ETFs? And much more

How to Fight Hindsight Bias

Hindsight bias is a problem because it leads to overconfidence, which leads to more risk taking, which leads to bad decisions, which leads to lower returns.