Should Financial Loss Be Avoided at All Costs? | Ep 187
Description
In this episode, we talk about reframing your relationship with financial loss so that it doesn't negatively impact your confidence or future investing success.
We also discuss the importance of mastering the art of comeback, the psychological impact of loss aversion, and why avoiding financial loss at all costs can be a misleading strategy.
Enjoy the episode!
TIME STAMPS:
00:00 - Intro
03:22 - How People React to Loss and Impact on Decision-Making
04:41 - Warren Buffet’s Investment Mistakes
06:31 - How to Cope With Investment Losses
11:06 - Outro
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