4.8 • 1.2K Ratings
🗓️ 13 September 2021
⏱️ 34 minutes
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Show notes: https://optionalpha.com/show208
The decades long evolution and growth in easily accessible brokerage platforms have created a self-reinforcing cycle of low attention span investors that are also now pulling even the deepest and most steadfast investors down the rabbit hole. Plus, the rise and popularity of meme stock investing certainly has pulled investor attention spans away from traditional analysis and reprogramed us constantly look for the next big move. On today's show we'll explore why the speed and magnitude of stock movements causes us to fall victim to classic investor biases precisely when we need to elevate ourselves above the noise and argue that “deep work” is more important than ever for traders.
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0:00.0 | The decades-long evolution and growth in the easily accessible brokerage platforms |
0:04.2 | have graded a self-reinforcing cycle of low-attentioned span investors |
0:08.4 | that are also now pulling even the deepest and most steadfast investors down the rabbit hole. |
0:13.6 | Plus, the rise and popularity of mean-stock investing certainly has pulled investor attention spans |
0:18.7 | away from traditional analysis and reprogrammed us to constantly look for the next big move. |
0:24.5 | On Today's show, we'll explore why the speed and magnitude of stock movements |
0:28.7 | causes us to fall victim to classic investor biases precisely when we need to elevate ourselves |
0:33.8 | above the noise, and we argue that deep work is more important than ever for traders. |
0:39.0 | Hey everyone, this is Kirk here again from Option Alpha.com working every single week to make this |
1:02.2 | the most popular investing podcast offered online because it's based on one thing and one thing |
1:07.4 | only and that's helping you consistently play smarter trades. So again, thanks so much for tuning |
1:11.9 | in today. Today's episode number 208. We're going to be talking about the importance of deep work |
1:17.4 | for traders and deep work is a term that has been loosely thrown about for a number of years now, |
1:22.5 | but was more recently popularized by the book Deep Work by the name of the title by Cal Newport. |
1:29.1 | Great book will have it linked in the show notes. Option Alpha.com slash Show 208. Again, that's just |
1:33.7 | number 208. Again, option Alpha.com slash Show 208. But I want to take a little bit of a different twist |
1:40.0 | and a little bit of a different look at how we can use and how we can implement deep work as traders. |
1:46.4 | How we can use this concept of deep work that Cal Newport basically presented in his book and how |
1:51.8 | we can apply it to our own trading psychology into our own routines and habits that we form as |
1:57.8 | traders and investors. And I think it's first important that in order to get to the point where we |
2:02.2 | talk about deep work, we actually have to have a really good understanding of how we got to this |
2:07.2 | stage as investors, even just as the retail trading crowd airfinger quotes, how we got to this |
... |
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