In this episode, we discuss a surprising twist in the journey to wealth building – could your intelligence actually be holding you back?
We also talk about the impact of the Dunning-Kruger effect on financial decisions, real-world examples illustrating the consequences of overconfidence in investing, and why conducting a "financial autopsy" is critical for your wealth success.
Enjoy the episode!
TIME STAMPS:
0:00 - Intro
2:35 - Overconfidence and the Dunning-Kruger Effect in Investing
6:11 - The Dunning-Kruger Effect in Investing
10:43 - The Poor Financial Decisions Due to the Dunning-Kruger Effect
14:30 - Recognising Blind Spots in Financial Decision-Making
18:03 - Extro
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