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Dr. Rick Bookstaber - The Psychology of Risk

Dr. Rick Bookstaber - The Psychology of Risk

FromStandard Deviations with Dr. Daniel Crosby


Dr. Rick Bookstaber - The Psychology of Risk

FromStandard Deviations with Dr. Daniel Crosby

ratings:
Length:
49 minutes
Released:
Apr 7, 2022
Format:
Podcast episode

Description

Tune in to hear:- How does Dr. Bookstaber think about and define risk in the most practical terms possible?- Does the way people like us talk about risk differ in an overly academic way from how people in the street think about it?- Which of the sort of commonly discussed current risks seem legitimate to Dr. Bookstaber and which might loom larger in peoples’ minds than they should?- Why aren’t geopolitical conflicts  more catastrophic to the market than they are with how intertwined the global economy is?- How should we think about a world where you have to take risks to keep up with inflation but where asset prices seem stretched by some measures?- Do we now live in a world that’s high-risk in theory but where governments and regulatory bodies keep the scales from tipping too far in a catastrophic direction? Were the FEDs actions during Covid-19 a singular response for a singular time in history?- How can we be skilled risk managers when we have an asymmetry in the way we weight pessimistic vs. optimistic outcomes?https://fabricrisk.comhttps://www.amazon.com/End-Theory-Financial-Economics-Interaction/dp/0691169012Compliance Code: 0570-OAS-4/5/2022
Released:
Apr 7, 2022
Format:
Podcast episode

Titles in the series (100)

The Standard Deviations podcast is a weekly production that looks at money, mind and meaning, all through a psychological lens. Each week, psychologist and New York Times bestselling author Dr. Daniel Crosby interviews a fascinating new guest, experts in everything from finance to literature to wellness. Each guest provides listeners with three concrete ways to apply what was learned that week, ensuring that weekly listening becomes part of a path to a richer life. Episodes are brief, research-based, and designed to fit perfectly within your commute time. So, tune in for practical news that will help you make more, think more and be more. Learn more by following Dr. Daniel @danielcrosby or visit the website at www.standarddeviationspod.com/ Standard Deviations is presented by Orion.