In this episode I talk about the family board game favourite, Monopoly, and how we can play it more like an AI.
This episode was inspired by the excellent YouTube video: https://www.youtube.com/watch?v=dkvFcYBznPI
I had a read of a Slovak student's masters thesis, which reached substantially similar conclusions: http://cogsci.fmph.uniba.sk/meicogsciba/files/theses/kotrik_12.pdf
In this episode we talk about risk, cognitive biases around risk and in particular how we approach risk when making financial decisions.
Some great resources which you might find useful are:
Daniel Kahneman's book, Thinking Fast and Slow - https://en.wikipedia.org/wiki/Thinking,_Fast_and_Slow
James Shack's YouTube Channel - https://www.youtube.com/c/JamesShack?app=desktop
The Common Sense Investing YouTube Channel - https://www.youtube.com/@BenFelixCSI
The Maven Money Podcast - https://www.mavenadviser.com/podcast
In this episode we discuss the recent US court case about whether race should be considered in college admissions and examine how a meritocratic process might look.