Host Katy Milkman explores how major economic events—from booms to downturns—shape our perception of risk and influence our financial decisions. Drawing on behavioral science, the episode examines the biases that distort our thinking and the emotional forces at play when markets swing. It offers insights into how we can become more aware of these influences to make better choices.
This summary was generated from show notes and public descriptions, not from a full transcript review. Details may contain inaccuracies.
Highlights
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Recency Bias in Risk Perception
Recent market events, whether booms or busts, have an outsized influence on how much risk we're comfortable taking.