Charisma on Command podkast

5 Psychological Traps That Will Ruin Your Finances

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Please consider donating to Charity: Water. Donating $40 gives someone access to clean water for 10 years. You can read more about the campaign and donate here:http://bit.ly/3amDPznYou probably saw Gamestop’s stock go wild recently, but you may not have realized that the psychology behind its explosion is fascinating. That’s why in this video we’re breaking down the 7 biggest psychological lessons that will help you understand group dynamics and make wiser financial decisions than 99% of the population. ⏰TIMESTAMPS⏰ 0:00 - Intro.0:58 - #1: A common enemy.1:50 - #2: Heroic language & mythology.2:46 - #3: Recency bias.3:57 - #4: A modified prisoner's dilemma.4:27 - #5: Transparency and accountability.--------------------------------------------------------------------------------#GameStop #CharismaOnCommand--------------------------------------------------------------------------------Connect with us further:Website: http://www.charismaoncommand.comFacebook: http://facebook.com/charismaoncommandInstagram: @CharismaOnCommandOr if you want to see our personal stuff:Instagram: @CharlieHoupertInstagram: @IamBenAltman Learn more about your ad choices. Visit megaphone.fm/adchoices

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