Investeringskaraktärer i Vardagen – Specialavsnitt: Discordens Dynastier

The podcast explores the psychology of investing through profiles of different personalities from a Swedish podcast called "Investment Characters in Everyday Life". The first character, Hans, shows unwavering loyalty to a stock despite poor performance. Eric, a surgeon, is a pessimistic market bear, which contrasts with his calm demeanor. Eddie, known as the Discord Sheldon Cooper, keeps his investment strategies secret, highlighting information asymmetry. Billy is a pessimist who finds joy in small wins, creating a contradiction. Lastly, Dipster shows undying optimism for a stock, raising questions about when blind faith becomes detrimental. The characters highlight how our psychology influences financial decisions and there is no right way to approach investing. Emotions and biases play a significant role. Hey everyone and welcome back for another deep dive. Always exciting to be back. Today we're really doing something quite different. Oh. We're gonna be looking at the psychology of investing. Okay. But through a really unique lens. All right. So we're gonna be using a Swedish podcast. Interesting. Called Investment Characters in Everyday Life. Okay. And they profile all these different personalities from their Discord community. Sounds fun. Yeah, so it should be a pretty interesting look at how real people approach investing. Yeah, that's really interesting because we talk so much about the financial side of things. Yeah. But this is kind of a peek behind the curtain. Exactly. At the human psychology. The emotions, the psychology. Exactly. So are you ready to meet some of these characters? I am definitely. Let's hear it. All right, so we'll start with someone that the podcast calls Hans Tiger King Isos. Oh wow, already a character, huh? Yeah, and that name I think really sets the tone. I think so. Hans, the podcast really highlights his commitment to this one stock. It's called Intelligo Technologies. Right. And he has held this stock for two years despite its like really poor performance. Wow. So they even compare him to the infamous Tiger King. Because of that stubbornness. Yeah, like he's married to this stock basically. That's wild. I mean at what point does loyalty become detrimental? Yeah, that's the big question, right? I mean everyone talks about conviction and believing in your investments, but where's the line? Yeah, there's a fine line between conviction and just digging yourself into a hole. You know, I think this actually brings up something that we see a lot in behavioral economics. Oh yeah. The sunk cost fallacy. Oh, the sunk cost fallacy. Tell us a little bit about that. Yeah, so the more we invest in something, right, whether it's time, money, emotion, it gets harder and harder to walk away even if it's not working. Even if it's a bad idea. Exactly, like that project you keep pouring hours into even though it's clearly going nowhere. Oh, I've so been there. Or a hobby, you're just like, I should quit this, but I've been doing it for 10 years. It's like we're programmed to avoid admitting defeat. It really is, it's fascinating. Yeah, okay, well speaking of contrasting approaches, let's move on to Eric, who's known in this Discord community as the scalpel. The scalpel, okay, I'm intrigued. Yeah, so Eric is actually a surgeon in real life. Oh, wow. Yeah, so known for his precision. Okay, makes sense. His calm demeanor in the operating room. All right. But on Discord, he's an aggressive market bear. What a personality shift. I know, right? It's like Jekyll and Hyde. So surgeon by day, predicting doom and gloom by night. Exactly, so for those who might not know what is a market bear. Sure, so a market bear is someone who believes that stock prices are headed down. They're pessimistic about the market. They think things are gonna crash. The opposite of a bull. Exactly, bulls are optimistic, bears are pessimistic. And you know what's really interesting about Eric? What's that? Is that his bearish outlook seems so at odds with the image of a calm and collected surgeon. Right, it's like he compartmentalizes those two parts of his life. Totally, I wonder if it's like a stress relief for him. Maybe, yeah. To be so pessimistic online. That's like a way to get all that negativity out. Possibly. So we have Hans clinging to his investments with the unwavering loyalty, and now Eric who's driven by this relentless negativity about the market's future. It's like two sides of the same coin. It is, okay, well let's keep going because the next character is someone I think a lot of people might relate to. Oh really, okay. So his name is Eddie, and they call him the Discord Sheldon Cooper. I love Sheldon Cooper. Me too. Okay, I gotta hear about this, Eddie. So Eddie is described as brilliant and insightful. Especially when it comes to uncovering these hidden gem stocks that nobody else is talking about. The diamond in the rough kind of guy. Exactly. Mm, okay. But he refuses to share his knowledge. Oh no, come on, Eddie, share with the class. He keeps his investment strategies totally secret. That's classic Sheldon though, right? Totally, yeah, and I mean, besides the social awkwardness, is there another reason he might be so reluctant to share? Well it really brings to mind this concept of information asymmetry. What information asymmetry was that? So basically it means some people have more knowledge than others. Right, in the market. Exactly, and that can create an advantage. Oh for sure. But it also raises questions about fairness and transparency. So is Eddie like capitalizing on this insider knowledge? Maybe, or maybe he just enjoys having that information. That power. Exactly, it's a fascinating psychological puzzle. It is, yeah, this Discord group is a goldmine of personalities. It sounds like it. All right, well next up we have Billy. Okay. Who adds another layer of complexity to this whole thing. Okay, tell me about Billy. So Billy is the self-proclaimed pessimist of the group. Oh no. Yeah, he views investing and life in general as like a rigged game. Oh man. Designed to just make us all miserable. That's a bit dark. Yeah, but here's the ironic part. Despite all this negativity, he enthusiastically celebrates even the smallest wins. Really? Yeah, like he just hit the jackpot. Interesting, so he's pessimistic, but still finds joy in those little victories. It's a total contradiction. I love it. I know, right? And I'm starting to see a pattern here with all these characters. Oh, what kind of pattern? Well, they each seem to embody a different like emotional, psychological approach to investing. That's a great observation. So Hans is like unwavering loyalty, even in the face of loss. Okay. Eric is cautious pessimism, always expecting the worst. Right. And Billy thrives on that information asymmetry and the power of knowledge. And Billy finds these moments of triumph amidst like this overarching negativity. Wow, you've really nailed it. And it leads us right to the heart of this deep dive. What can we learn from all these different perspectives on investing? Right, and how do our own emotions and biases affect our financial decisions? Sometimes leading us down paths that we never expected. Right, and is there even a right way to approach investing? Or does it depend on who we are and what our experiences have been? Yeah, these are all questions we'll explore as we continue to unpack these fascinating investment characters. And the insights they offer into the often unpredictable world of finance. All right, so let's take a quick break. And when we come back, we'll continue our deep dive into these Discord investors. So we've met Hans, Eric, Eddie, and Billy. Quite the crew. It's like a real life personality test for investors. It is, yeah. And it really highlights just how much our psychology can influence our financial decisions. Oh, absolutely. All right, well, let's revisit Hans Tiger King Isos for a moment. Okay. And his unwavering commitment to Intelligo Technologies. Two years strong. I mean, at what point does that loyalty to a stock become detrimental? Well, it's a tough question because conviction is important. Yeah. But you also have to recognize when that emotional attachment might be clouding your judgment. Like, are you really being objective anymore? Exactly. I think this goes back to that sunk cost fallacy we talked about. The more we invest in something, the harder it is to walk away, even when it's not working. It's like throwing good money after bad. Exactly. And we've all been there. I mean, not just with stocks, but with relationships with projects. Sometimes admitting we were wrong is the hardest part. It is. All right, well, let's go to the opposite end of the spectrum now. Okay. And talk about Eric the Scalpel, our resident market bear. Mr. Pessimist. Right. I mean, I keep thinking about this. Yeah. Do you think his negativity just comes from being a surgeon? It's an interesting thought. I mean, he deals with life or death situations every day. Yeah. So maybe that's shaped his view of risk. Like, maybe he's just wired to always expect the worst. Right, it could be a way of maintaining control, you know? In a world that's inherently uncertain. Exactly, like he's always waiting for the other shoe to drop. But of course, too much negativity can also cause you to miss opportunities. Oh, absolutely. And it's about finding that balance between caution and optimism. Okay, well, speaking of opportunities. Yeah. Let's talk about Eddie the Discord, Sheldon Cooper. One of my favorites. I mean, his reluctance to share his stock picks really highlights this key dynamic in the investing world. Information is power. Knowing what to buy, when to buy. Right, and Eddie is like the poster child for that. He is, and it makes you wonder, you know, how much of investing success is skill? And how much is just luck, or, you know, having access to information? That's a million dollar question, right? It really is. Okay, well, let's shift gears again and talk about Billy. Our pessimistic friend. But also surprisingly triumphant. Yeah, it's funny. He celebrates his wins, but still believes the game is rigged. I wonder if it's less about the money for him and more about just proving a point. Interesting, like every win is a small victory against the system. Yeah, maybe. It's a good reminder that, you know, everyone has their own definition of success. That's true. Okay, and finally we have Dipster. Ah, Dipster. The champion of Intelligo Technologies. The undying optimist. I mean, his optimism is almost inspiring. Yeah. At what point does that blind faith become detrimental? Right, well, optimism can definitely cross over into denial. Yeah. But Dipster's story also shows the importance of conviction. Yeah. Of sticking to your beliefs, even when people doubt you. And sometimes the crowd is wrong. That's true, but it's also important to avoid confirmation bias. Oh, right, only seeking out information that confirms what you already believe. Exactly, you have to be open to other perspectives. Even if you're Dipster. Especially if you're Dipster. Wow, so we've met Hans the Tiger King. Yeah. Eric the Scalpel, Eddie, or Sheldon Cooper. And of course, Billy in Dipster. It's amazing how all these different personalities approach the market. It really is, and it's fascinating how much we can learn from their stories. And see ourselves in them a little bit. Exactly, because we all have moments of doubt. Right, yeah. Or FOMO, or maybe even a little bit of Dipster-like optimism. Oh, totally. So as we kind of wrap up this exploration of these personalities and the psychology of investing, what stands out to you? To me, I think the biggest takeaway is self-awareness. Self-awareness. Yeah, because if you can recognize your own biases, Right. Your emotional triggers, then you can start to make more rational decisions. It's like we need to become our own therapists. Almost, yeah. Like you have to constantly analyze your thoughts, and your actions to avoid those investing traps. So it's not about trying to be like Dipster. Or avoid being hot. It's about understanding that we all have a little bit of these characters inside us. We do. And the key is to find that balance. Exactly, a balance that works for you, for your goals. Yeah, for your risk tolerance. For your personality. And I think even in these kind of extreme personalities, there's some valuable lessons. Oh, absolutely. Like Hans teaches us about the sunk cost fallacy. Eric shows us the dangers of negativity bias. Eddie reminds us that information is power. Yeah, but hoarding it. Right, can be detrimental. Billy shows us that success can be defined in different ways. And Dipster highlights the power of conviction, but also the need for a balanced perspective. It's like a crash course in behavioral economics. It is. But disguised as like a fun deep dive into the Discord community. Who knew investing could be so entertaining? I know, it's a really good reminder that the market isn't just driven by numbers and algorithms. Right, it's driven by people. Yeah. By human emotions and perceptions. So to our listeners, we leave you with this. Okay. Which investment character do you see in yourself? Good question. And how can you use that self-awareness to make better decisions in your own financial journey? Investing is a lifelong learning process. Yeah. So embrace the journey, learn from your experiences and enjoy the ride. Couldn't have said it better myself. Well, thank you. Thanks for joining us for this deep dive into the world of Discord investors. It's been a pleasure. Until next time, happy investing everyone.