I Almost Believed Graham Stephan

I Almost Believed Graham Stephan

From LIFE WITH MIKEY by Mikey Taylor

May 18, 2026 · 35 min

About this episode

Mikey Taylor and Michael Michalov discuss the behavioral finance biases that influence investing decisions.

Graham Stephan told millions of people why he shifted away from real estate and is moving over to investments like stocks, bonds, and ETFs. The math may sound straightforward. The psychology behind decisions like this often isn’t. In this episode, Mikey Taylor and Michael Michalov break down the 5 behavioral finance biases that can influence major investing decisions. This isn't a takedown. It's the discussion about how even experienced, successful investors can be influenced by cognitive biases, market narratives, and emotional decision-making. What you'll learn: How loss aversion can shape financial decisions in unexpected ways Why short historical windows can distort long-term expectations How herd behavior shows up even when you think you're going against the crowd The overconfidence trap that hits after a winning streak, not before When walking away is wisdom and when it's just sunk-cost overcorrection This content is for informational purposes only, is not offered as investment advice and should not be deemed as investment advice, and reflects the opinions and projections of COMMUNE as of the date of publication, which are subject to change without notice at any time…

People in this episode

Host: Mikey Taylor

Guest: Michael Michalov

Topics covered

  • behavioral finance
  • investing decisions
  • cognitive biases
  • loss aversion
  • market narratives

Keywords

  • behavioral finance
  • investing
  • cognitive biases
  • loss aversion
  • herd behavior
  • overconfidence

Mentioned in this episode

Organizations: COMMUNE

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