When to Speak Up and When to Stay Quiet & Why Smart Investors Do Crazy Things

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What are spiders doing inside your home? You’ve probably spotted a few crawling around, especially in the fall. But contrary to what you might assume, many of those spiders didn’t just wander in from outdoors. And there’s a very specific reason you suddenly start seeing more of them this time of year — it has a lot to do with romance. https://www.burkemuseum.org/collections-and-research/biology/arachnology-and-entomology/spider-myths/myth-spiders-come-indoors Should you say something — or just keep your mouth shut? It’s a dilemma we face all the time. Do you tell someone they have something stuck in their teeth? Should you ask a stranger who is crying if they’re okay? What about telling a friend what you really think about the person they’re dating? It turns out we’re surprisingly bad at predicting how people will react when we speak up — or how they’ll feel when we don’t. Vanessa Bohns joins me with fascinating research that can help you handle these awkward everyday moments much better. She is a social psychologist and professor of organizational behavior at Cornell University and author of Should I Say Something?: The Science of What to Share—and What to Keep to Yourself (https://link.amazon/B03B4LfqD). We like to think investing is about numbers, facts and rational decisions. Yet stock prices and investor behavior can be influenced by things that seemingly have nothing to do with money — including the weather, politics and even the outcome of a sporting event. Why do otherwise intelligent investors make such irrational decisions, and can understanding those quirks actually give you an advantage? Alex Edmans explains the fascinating psychology that drives financial markets and how recognizing it can help you make smarter decisions. Alex is a professor of finance at London Business School and a leading expert on behavioral finance. He is author of The Madness of Markets: Why Smart Investors Make Crazy Decisions—and How to Exploit Them (https://link.amazon/B0eq2D3g9). Come autumn, pumpkins are everywhere. We car