The Rational Reminder Podcast: Episode 267: The (Expected) Cost of Pessimism (Plus Matthew Dicks on the Value of Storytelling) (opens in new tab)

Today's show is centred on the expected cost of pessimism and how investor expectations of loss negatively affect financial decisions. After concisely exploring the data and literature on the subject, we get into a few solutions to this dynamic and talk about how to find a way around natural human tendencies and myopic loss aversion. We then get into our first Mark's Minutes segment, with our colleague Mark McGrath briefly explaining some interesting ideas about risk and tax-free savings acco...