Scott Nations

speaker

580 appearances 1 recordings 1 series first heard Jan 2026 last heard 16 Jan

Scott Nations’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

Appearances

newest first · ▶ plays the moment

Prof G Markets · Your Brain is the Worst Investor in the Room — ft. Scott Nations · 16 Jan 2026 podcast

You want to sell something to raise some money.

And so you say, well, this one's done really well, so I'm going to sell it.

and I'm not being greedy.

Pat myself on the back.

I'm not going to be greedy, so I'm going to go ahead and take my big win there.

On the other hand, you may be looking for something, and you say, you know what, this one's a loser.

It hasn't done very well, but again, pat myself on the back.

I'm going to be patient.

I'm going to be patient, and so I'm going to hold on to my loser.

But Professor Terry O'Dean at Cal Berkeley is the one who's quantified the damage does to your portfolio, and he shows that over time,

the winners that you sell will outperform the losers that you hold.

What about if it could happen the other way, where maybe, I mean, I don't know if this is a bias that affects investors as much as perhaps the disposition effect, but, you know, oh, the line's going up, therefore it must be continuing to go up forever.

As an example, all the lines going down and so, oh no, that's a bad thing.

That's a red flag.

Is that another bias that we see in the markets or is that less of a problem?

That is certainly the case.

And there are several biases at work here.

One is, say, availability.

So if you hear about the fact that, for example, Google just became...

a $4 trillion company market cap-wise.

Showing 61–80 of 580 · page 4 of 29