One good day in the market can feel like a sugar rush. Billie Miles, co-founder of Miles Financial Group, explains the appeal to probability, the habit of assuming something will happen because it can, and how it shows up as the gambler's fallacy. Also in this episode: the math of recovering from a loss, why people insure a home but rarely ask what protects their retirement savings, the difference between the function of money and its purpose, and what author Nassim Taleb has to say about measuring risk.

About the show

The Miles Financial Show is hosted by Billie Miles III, Founder and CEO of Miles Financial Group, an independent financial services firm in the Inland Empire serving individuals in or near retirement. Each week, Billie shares educational conversations on retirement income, investments, taxes, healthcare, and estate planning.

Connect with us

To request a complimentary, no-obligation retirement analysis, call (909) 321-9737 or visit milesfinancialgroup.com. The Miles Financial Show airs on AM590 The Answer, KMET 1490 AM, an ABC News Affiliate, and Kat Country 100.7 FM.

Peace of Mind for the Miles Ahead. 

Disclosures

Miles Financial Group is an independent financial services firm assisting individuals in preparing for retirement through investments and insurance products. Insurance services are provided by Miles Financial Group. Investment advisory services are offered through Signal Wealth, a Registered Investment Advisor. Full disclosures available at milesfinancialgroup.com.