What is it about bull markets that leads to delusional behaviour? How can I immunize my thinking and behavior when I’m experiencing the collective delusions of the market?
In this episode, I talk about my embarrassing herd driven behavior during the Bitcoin boom of 2018 and the lessons that I learned on how to manage my emotional attachments around market extremes. I hope you enjoy the episode.
Book references during the episode:
Kindleberger, C. (1978). Manias, bubbles, panics and crashes, and the lender of last resort. S.l.
Mackay, C. (2002). Extraordinary popular delusions and the madness of crowds.. New York: MetroBooks.
About David Hobart
David is a performance coach with a specialist background in investment management. He works with investment professionals to eliminate all the obstacles to better investment performance.
David can be found at:
Podcast Music: The Spiel by Flag Duty. Copyright 2019. https://music.apple.com/us/artist/flag-duty/1473761192