Behavioral Finance: Your Brain vs. Your Portfolio
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 February 2026
⏱️ 45 minutes
🧾️ Download transcript
Summary
Markets are driven by math, but investors are driven by emotion. We will explore the most common psychological biases—like loss aversion and herd mentality—that destroy wealth and how to automate your strategy to avoid them.
Today's Stocks & Topics: Microsoft Corporation (MSFT), Market Wrap, American Electric Power Company, Inc. (AEP), The Southern Company (SO), KPP Newsletter, Behavioral Finance: Your Brain vs. Your Portfolio, Devon Energy Corporation (DVN), Principal SAM Conservative Growth A (SAGPX), Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, Meta Platforms, Inc. (META), Copper, Ally Financial Inc. (ALLY), Mueller Industries, Inc. (MLI).
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. |
| 0:13.2 | Independent thinking, shared success. |
| 0:17.6 | Invest talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial portfolio manager, Luke Guerrero. |
| 0:32.8 | Good afternoon, fellow investors, and welcome back to another episode of InvestTalk. |
| 0:39.5 | My name is Luke Guerrero, and today's Friday, February 20th, 2026. |
| 0:46.2 | As you all know, before we head off into the weekend, we certainly have some work to do. |
| 0:52.0 | We'll be going over some pretty important news that happened today, talking about |
| 0:55.9 | all the themes that drove the market this week, and of course, bringing you stories that matter the most |
| 1:01.3 | and answering those finance and investment questions that are burning in your minds. With that |
| 1:08.8 | being said, in just a bit, we'll talk about today's market performance and |
| 1:12.2 | run down those show topics. |
| 1:14.7 | But first, let's tackle this caller question. |
| 1:17.6 | Hey, guys, what are your thoughts on Microsoft down here around the 200-week moving average? |
| 1:23.2 | Thinking about picking some up. |
| 1:25.0 | Microsoft's certainly a name that has been in the news recently as we've seen a bit of a |
| 1:30.3 | drawdown amongst software. |
| 1:33.0 | Of course, the company, one of the world's largest companies by MarketCap, really operating |
| 1:37.8 | on a couple core segments. |
| 1:39.9 | They're intelligent cloud. |
| 1:41.4 | So think of their server products. |
| 1:43.6 | Then their productivity and business, |
... |
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