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The Dangerous Psychology Of Herd Mentality

Duration: 07:37Views: 74.8KLikes: 3.3KDate Created: Feb, 2021

Channel: Charisma on Command

Category: Howto & Style

Tags: wall street bets explainedcharisma on commandwall street betsgamestop stockstock markethedge fund gamestopgamestop stock short squeezegme stockcharismaoncommandgme stock explainedhedge fundgme stock short squeezegamestop short squeezegamestop stock meme

Description: Please consider donating to Charity: Water. Donating $40 gives someone access to clean water for 10 years. You can read more about the campaign and donate here: bit.ly/3amDPzn You probably saw Gamestop’s stock go wild recently, but you may not have realized that the psychology behind its explosion is fascinating.  That’s why in this video we’re breaking down the 7 biggest psychological lessons that will help you understand group dynamics and make wiser financial decisions than 99% of the population.   ⏰TIMESTAMPS⏰  0:00 - Intro. 0:58 - #1: A common enemy. 1:50 - #2: Heroic language & mythology. 2:46 - #3: Recency bias. 3:57 - #4: A modified prisoner's dilemma. 4:27 - #5: Transparency and accountability. -------------------------------------------------------------------------------- #GameStop #CharismaOnCommand -------------------------------------------------------------------------------- Connect with us further: Website: charismaoncommand.com Facebook: facebook.com/charismaoncommand Instagram: @CharismaOnCommand Or if you want to see our personal stuff: Instagram: @CharlieHoupert Instagram: @IamBenAltman

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