Every investor pays a hidden tax—not to the government, but to their own mind. In this episode, we expose the psychological traps that quietly erode returns and sabotage even the most experienced traders. From Confirmation Bias that blinds you to opposing evidence, to Herd Mentality that fueled the GameStop frenzy, to Anchoring that chains you to bad entry prices—these biases drain wealth without you realizing it. More importantly, we break down battle-tested strategies to fight back: Pre-Mortem Checklists to anticipate failure, Contrarian Voices to challenge blind spots, and Rules-Based Systems to cut emotion out of execution. If you want to keep more of your money and outsmart your own instincts, this episode is your playbook.