Why Smart People Make Dumb Mistakes with their Money by Kerry Johnson audiobook

Why Smart People Make Dumb Mistakes with their Money

By Kerry Johnson
Read by Kerry Johnson

Gildan Media 9781469031514
3.85 Hours Unabridged
Format: Digital Download (In Stock)
  • $24.98
    or 1 Credit

    ISBN: 9781469031514

    $12.99 With Membership: Learn More

Why Smart People Make Dumb Mistakes with Their Money explains why investors (possibly your clients) make such poor decisions with their money. Why do investors constantly chase returns? Why do they buy mediocre investments that under-perform the indexes? Why do they leave their money in investments that lose money, yet are unwilling to sell until they increase in value? If you can understand your own behavior with money, you will become a much better investor and earn returns that will last your whole life. Some of the topics addressed in Why Smart People Make Dumb Mistakes with Their Money: How overconfidence bias creates poor investment decisions. How the endowment effect stops you from selling bad investments. How sunk cost fallacy causes you to own investments until they are worthless. How status quo bias makes change more difficult. How framing and anchoring motivates you to spend more. The seven steps in picking an outstanding financial adviser The five critical concepts in creating a successful portfolio

Learn More
Membership Details
  • Only $12.99/month gets you 1 Credit/month
  • Cancel anytime
  • Hate a book? Then we do too, and we'll exchange it.
See how it works in 15 seconds

Summary

Summary

Why Smart People Make Dumb Mistakes with Their Money explains why investors (possibly your clients) make such poor decisions with their money. Why do investors constantly chase returns?

Why do they buy mediocre investments that under-perform the indexes? Why do they leave their money in investments that lose money, yet are unwilling to sell until they increase in value? If you can understand your own behavior with money, you will become a much better investor and earn returns that will last your whole life.

Some of the topics addressed in Why Smart People Make Dumb Mistakes with Their Money:

  • How overconfidence bias creates poor investment decisions.
  • How the endowment effect stops you from selling bad investments.
  • How sunk cost fallacy causes you to own investments until they are worthless.
  • How status quo bias makes change more difficult.
  • How framing and anchoring motivates you to spend more.
  • The seven steps in picking an outstanding financial adviser
  • The five critical concepts in creating a successful portfolio

Reviews

Reviews

Author

Author Bio: Kerry Johnson

Author Bio: Kerry Johnson

Dr. Kerry Johnson, MBA, PhD, is a bestselling author and speaker. In addition to speaking about a variety of business and sales subjects, he also heads a personal coaching company. He currently writes for several national trade and management magazines and writes a weekly newsletter, The Winning Edge.

Titles by Author

See All

Details

Details

Available Formats : Digital Download
Category: Nonfiction/Business & Economics
Runtime: 3.85
Audience: Adult
Language: English