Paul Pepper: 'Foolish Corner' Author John Howe, "Availability Bias"
The topic of today's visit with 'The Foolish Corner' author JOHN HOWE is what's known as "availability bias." Did you know diabetes is four times more likely to kill people than accidents, and asthma is twenty times more likely to kill people than tornadoes? Probably not. The reason we get these "relative importances" wrong is because of the way they're covered in the media. Find out how it relates personal finance! December 2, 2020