Money Game Podcast: The Irrational Permabear (EP.9)

We are back with another episode of The Money Game Podcast with Phil Pearlman. Today we talk about the inability for some people trade US stocks from the long side due to biases stemming from past experiences. This is a real thing that we see constantly. So we talk about the causes, being aware of these feelings and what can be done to overcome these hurdles. I'm lucky that I've been through enough bull market and bear market cycles to not get stuck into betting on just one side or the other. But some people have a real fear of admitting they're wrong and turning bullish at, what they think might be, precisely the wrong time. Some of this is driven by ego and some is just irrational anxiety. This is a really important conversation and one that I will likely listen to again several times over in the future.