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Devin Ekberg

Sep 14, 2026

10:21
So that confirmation bias, I think, is embedded in many different aspects of the investment process.
10:26
I think the last time I read, I think academics have identified something like 150 different biases and have tested these.
10:36
These are repeatable circumstances when people make these types of decisions.
10:41
I think it's useful to try to categorize them in a couple of different ways.
10:45
Anastasia mentioned Danny Kahneman.
10:48
who's a little bit of a pioneer in this area.
10:50
And, you know, he said that we kind of have two different parts of our brain, kind of a system one and a system two part of our brain.

31 MINS LATER

42:07
additional kind of cognitive bias as advisors recount their, you know, their kind of daily lives to you.
5:31
Please continue on.
5:33
I'm going to oversimplify it here for just a second.
5:35
So if you've ever, there's a book that was written by a Princeton economist.
5:41
So Danny Kahneman wrote a book.
5:43
He won a Nobel prize for some of his work in behavioral economics.
5:46
And he wrote a book called Thinking Fast and Slow.
5:50
And essentially what he summarized is our brain has two components to it.

16 MINS LATER

21:28
So yeah,

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