Faber Podcast: How to Harness your Emotions

Leonard Mlodinow?—?How To Harness Your Emotions To Become A Better Investor. Leonard Mlodinow is a theoretical physicist and best-selling author of a number of books, including The Drunkard’s Walk: How Randomness Rules Our Lives and Emotional: How Feelings Shape Our Thinking, which releases next week! This episode takes a look at the relationship between our emotions and investment decisions. Leonard explains how emotions can make us emphasize or de-emphasize certain beliefs and even completely ignore certain data points. Then he shares what studies say about how the best traders handle their emotions and talk about the role of social and emotional contagion on financial markets.
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