This episode's special guest, Greg Davies, Head of Behavioural Finance at Oxford Risk, talks to Steve in one of the most practically useful conversations the show has had.
Greg has spent 25 years studying how people actually make financial decisions, and the gap between that and how economists assume they do.
Episode Highlights
- What financial wellbeing really means
- How someone can be objectively wealthy and still live in a state of constant financial anxiety
- The difference between financial liquidity and emotional liquidity
- What investors can do to help them make good decisions in high-pressure moments
If you struggle to stick with long-term plans when things get uncomfortable, this episode is a must-listen.
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