We explore the forces likely to shape financial markets in 2026 and how to make better decisions as you pursue your goals this year. Topics covered include: The difference between intentions and resolutions Key behavioral biases and how to overcome them The cautionary tale of a private real estate fund that went public Is the affordability crisis real? The big test for AI in 2026 The financial and economic outlook for the year Show Notes A Slightly Better You … [Read more...]
27: What Is The Right Price?
The right price for something is dependent on our state of mind. Anchoring, mental accounts and other behavioral tricks we rely on when buying. Photo by Dolly's Bookstore In this episode, you'll learn: Why does it feel like you are overpaying when you pay $27.95 for a book.What is anchoring and mental accounting and why we find it easier to pay for a sit-down dinner versus a hardbound book.What makes us happier, buying things or buying experiences.Why we are willing to … [Read more...]
