E657 - CFC - How To Avoid Cognitive Biases When Making Investment Decisions (Replay)

<p dir="ltr">Everybody has an inner voice that either consciously, or subconsciously, affects our judgment and decision-making.</p> <p dir="ltr">When it comes to investors, this internal voice can become very deep seeded in our thought processes and can become hard to identify, leading to poor decision-making.</p> <p dir="ltr">This phenomenon is called cognitive bias and it affects each person to some degree.</p> <p dir="ltr">Learning how to avoid cognitive biases can allow you to make better investment decisions which leads to a more secure and favorable future.</p> <p>Our guest for today is Steve Settlage who is a full-time passive and semi-active investor.</p> <p>Steve has a significant amount of experience investing in real estate and related vehicles.</p> <p>He has been investing in a variety of asset classes since 2011 and has intimate knowledge of a broad spectrum of investment opportunities and structures as well as the marketplace as a whole.</p> <p>Today we are going to discuss…</p> <ul> <li>What to learn from a bad deal and a bad partnership that our guest had where he lost a significant amount of money</li> <li>Some of the cognitive biases that occur <ul> <li>Economic Biases</li> <li>Operator and mentor biases</li> <li>Intelligence bias (80% of the population thinks they are above average intelligence)</li> </ul> </li> </ul> <p>Take Control,<br /> Hunter Thompson</p> <p>Interested in investing in ATMs? <a href= "https://invest.asymcapital.com/invexp/accounts/login/">Check out our webinar.</a></p> <p>Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors.</p> <p>Tired of scrambling for capital?</p> <p>Check out our new FREE webinar –  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). <a href= "https://www.raisingcapitalforrealestate.com/never-scramble">Click Here to register.</a></p> <p> </p> <p><a