Why Smart People Make Big Money Mistakes and How to Correct Them

Why Smart People Make Big Money Mistakes and How to Correct Them

Author: Gary Belsky

Publisher: Simon and Schuster

Published: 2009-12-26

Total Pages: 343

ISBN-13: 1439169748

DOWNLOAD EBOOK

Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.


Book Synopsis Why Smart People Make Big Money Mistakes and How to Correct Them by : Gary Belsky

Download or read book Why Smart People Make Big Money Mistakes and How to Correct Them written by Gary Belsky and published by Simon and Schuster. This book was released on 2009-12-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.

The Dumb Things Smart People Do with Their Money

The Dumb Things Smart People Do with Their Money

Author: Jill Schlesinger

Publisher: Ballantine Books

Published: 2020-02-04

Total Pages: 290

ISBN-13: 0525622187

DOWNLOAD EBOOK

You’re smart. So don’t be dumb about money. Pinpoint your biggest money blind spots and take control of your finances with these tools from CBS News Business Analyst and host of the nationally syndicated radio show Jill on Money, Jill Schlesinger. “A must-read . . . This straightforward and pleasingly opinionated book may persuade more of us to think about financial planning.”—Financial Times Hey you . . . you saw the title. You get the deal. You’re smart. You’ve made a few dollars. You’ve done what the financial books and websites tell you to do. So why isn’t it working? Maybe emotions and expectations are getting in the way of good sense—or you’re paying attention to the wrong people. If you’ve started counting your lattes, for god’s sake, just stop. Read this book instead. After decades of working as a Wall Street trader, investment adviser, and money expert for CBS News, Jill Schlesinger reveals thirteen costly mistakes you may be making right now with your money. Drawing on personal stories and a hefty dose of humor, Schlesinger argues that even the brightest people can behave like financial dumb-asses because of emotional blind spots. So if you’ve saved for college for your kids before saving for retirement, or you’ve avoided drafting a will, this is the book for you. By following Schlesinger’s rules about retirement, college financing, insurance, real estate, and more, you can save money and avoid countless sleepless nights. It could be the smartest investment you make all year. Praise for The Dumb Things Smart People Do with Their Money “Common sense is not always common, especially when it comes to managing your money. Consider Jill Schlesinger’s book your guide to all the things you should know about money but were never taught. After reading it, you’ll be smarter, wiser, and maybe even wealthier.”—Chris Guillebeau, author of Side Hustle and The $100 Startup “A must-read, whether you’re digging yourself out of a financial hole or stacking up savings for the future, The Dumb Things Smart People Do with Their Money is a personal finance gold mine loaded with smart financial nuggets delivered in Schlesinger’s straight-talking, judgment-free style.”—Beth Kobliner, author of Make Your Kid a Money Genius (Even If You’re Not) and Get a Financial Life


Book Synopsis The Dumb Things Smart People Do with Their Money by : Jill Schlesinger

Download or read book The Dumb Things Smart People Do with Their Money written by Jill Schlesinger and published by Ballantine Books. This book was released on 2020-02-04 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: You’re smart. So don’t be dumb about money. Pinpoint your biggest money blind spots and take control of your finances with these tools from CBS News Business Analyst and host of the nationally syndicated radio show Jill on Money, Jill Schlesinger. “A must-read . . . This straightforward and pleasingly opinionated book may persuade more of us to think about financial planning.”—Financial Times Hey you . . . you saw the title. You get the deal. You’re smart. You’ve made a few dollars. You’ve done what the financial books and websites tell you to do. So why isn’t it working? Maybe emotions and expectations are getting in the way of good sense—or you’re paying attention to the wrong people. If you’ve started counting your lattes, for god’s sake, just stop. Read this book instead. After decades of working as a Wall Street trader, investment adviser, and money expert for CBS News, Jill Schlesinger reveals thirteen costly mistakes you may be making right now with your money. Drawing on personal stories and a hefty dose of humor, Schlesinger argues that even the brightest people can behave like financial dumb-asses because of emotional blind spots. So if you’ve saved for college for your kids before saving for retirement, or you’ve avoided drafting a will, this is the book for you. By following Schlesinger’s rules about retirement, college financing, insurance, real estate, and more, you can save money and avoid countless sleepless nights. It could be the smartest investment you make all year. Praise for The Dumb Things Smart People Do with Their Money “Common sense is not always common, especially when it comes to managing your money. Consider Jill Schlesinger’s book your guide to all the things you should know about money but were never taught. After reading it, you’ll be smarter, wiser, and maybe even wealthier.”—Chris Guillebeau, author of Side Hustle and The $100 Startup “A must-read, whether you’re digging yourself out of a financial hole or stacking up savings for the future, The Dumb Things Smart People Do with Their Money is a personal finance gold mine loaded with smart financial nuggets delivered in Schlesinger’s straight-talking, judgment-free style.”—Beth Kobliner, author of Make Your Kid a Money Genius (Even If You’re Not) and Get a Financial Life

Why Smart People Do Stupid Things with Money

Why Smart People Do Stupid Things with Money

Author: Bert Whitehead

Publisher: Sterling Publishing Company, Inc.

Published: 2009-06

Total Pages: 244

ISBN-13: 9781402766893

DOWNLOAD EBOOK

For many of us, planning our own financial future presents pitfalls at every turn, because the truth is, when it comes to money, we are not always rational. Now you can take control of your economic life with confidence. Bert Whitehead, one of the top money-management advisors in America, gives you all the information you need to manage your wealth wisely by relying on your strongest asset-yourself. Book jacket.


Book Synopsis Why Smart People Do Stupid Things with Money by : Bert Whitehead

Download or read book Why Smart People Do Stupid Things with Money written by Bert Whitehead and published by Sterling Publishing Company, Inc.. This book was released on 2009-06 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many of us, planning our own financial future presents pitfalls at every turn, because the truth is, when it comes to money, we are not always rational. Now you can take control of your economic life with confidence. Bert Whitehead, one of the top money-management advisors in America, gives you all the information you need to manage your wealth wisely by relying on your strongest asset-yourself. Book jacket.

Why Smart People Make Dumb Mistakes with Their Money

Why Smart People Make Dumb Mistakes with Their Money

Author: Kerry Johnson

Publisher: Gildan Media LLC aka G&D Media

Published: 2019-10-22

Total Pages: 128

ISBN-13: 1722522968

DOWNLOAD EBOOK

Why do investors constantly chase returns? Why do they buy mediocre investments that underperform 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. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money. You will learn: 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 advisor. The five critical concepts in creating a successful portfolio. Kerry L. Johnson, MBA, Ph.D. , America's Business Psychologist, is a bestselling author and internationally sought after speaker with an upbeat, entertaining style, much like his writing. He travels 8,000 miles each week speaking around the world, and also heads a personal coaching company, Peak Performance Coaching.


Book Synopsis Why Smart People Make Dumb Mistakes with Their Money by : Kerry Johnson

Download or read book Why Smart People Make Dumb Mistakes with Their Money written by Kerry Johnson and published by Gildan Media LLC aka G&D Media. This book was released on 2019-10-22 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do investors constantly chase returns? Why do they buy mediocre investments that underperform 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. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money. You will learn: 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 advisor. The five critical concepts in creating a successful portfolio. Kerry L. Johnson, MBA, Ph.D. , America's Business Psychologist, is a bestselling author and internationally sought after speaker with an upbeat, entertaining style, much like his writing. He travels 8,000 miles each week speaking around the world, and also heads a personal coaching company, Peak Performance Coaching.

Why Smart People Make Dumb Choices

Why Smart People Make Dumb Choices

Author: Deborah Smith Pegues

Publisher: Harvest House Publishers

Published: 2010-05-15

Total Pages: 194

ISBN-13: 0736937684

DOWNLOAD EBOOK

Even people with great intelligence and great experience can fall victim to bad choices. The only way to avoid those bad choices is to understand the keys to making smart ones. Why Smart People Make Dumb Choices takes you on a journey with some of the Bible’s smartest people—such as Abraham and Sarah, David, and Peter—who also made some not-so-smart decisions. By looking at the choices they made, readers will discover the keys to avoiding similar mistakes and will learn principles that will keep them on the road to good decision-making. Why Smart People Make Dumb Choices provides ten keys to making smart decisions, including establishing the right relationships gathering the right information setting the right priorities choosing the right pathway The principles of smart decision-making found in this book will be helpful to anyone confronted with important choices—from the housewife and mom trying to manage the challenges of her busy day to the college student choosing his or her friends to the leader trying to figure out the best direction for his organization.


Book Synopsis Why Smart People Make Dumb Choices by : Deborah Smith Pegues

Download or read book Why Smart People Make Dumb Choices written by Deborah Smith Pegues and published by Harvest House Publishers. This book was released on 2010-05-15 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even people with great intelligence and great experience can fall victim to bad choices. The only way to avoid those bad choices is to understand the keys to making smart ones. Why Smart People Make Dumb Choices takes you on a journey with some of the Bible’s smartest people—such as Abraham and Sarah, David, and Peter—who also made some not-so-smart decisions. By looking at the choices they made, readers will discover the keys to avoiding similar mistakes and will learn principles that will keep them on the road to good decision-making. Why Smart People Make Dumb Choices provides ten keys to making smart decisions, including establishing the right relationships gathering the right information setting the right priorities choosing the right pathway The principles of smart decision-making found in this book will be helpful to anyone confronted with important choices—from the housewife and mom trying to manage the challenges of her busy day to the college student choosing his or her friends to the leader trying to figure out the best direction for his organization.

Why Smart People Make Big Money Mistakes and How to Correct Them

Why Smart People Make Big Money Mistakes and How to Correct Them

Author: Gary Belsky

Publisher: Simon and Schuster

Published: 2009-12-26

Total Pages: 290

ISBN-13: 1439169748

DOWNLOAD EBOOK

Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.


Book Synopsis Why Smart People Make Big Money Mistakes and How to Correct Them by : Gary Belsky

Download or read book Why Smart People Make Big Money Mistakes and How to Correct Them written by Gary Belsky and published by Simon and Schuster. This book was released on 2009-12-26 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.

The Intelligence Trap: Why Smart People Make Dumb Mistakes

The Intelligence Trap: Why Smart People Make Dumb Mistakes

Author: David Robson

Publisher: W. W. Norton & Company

Published: 2019-08-06

Total Pages: 304

ISBN-13: 0393651436

DOWNLOAD EBOOK

A “startling, provocative and potently useful” (James McConnachie, Times UK) examination of the stupid things intelligent people do. The Intelligence Trap explores cutting-edge ideas in our understanding of intelligence and expertise, including “motivated reasoning,” “meta-forgetfulness,” and “functional stupidity.” David Robson reveals the surprising ways that even the brightest minds and most talented organizations can go wrong?from some of Thomas Edison’s worst ideas to failures at NASA—while offering practical advice to avoid mistakes based on the timeless lessons of Benjamin Franklin, Richard Feynman, and Daniel Kahneman.


Book Synopsis The Intelligence Trap: Why Smart People Make Dumb Mistakes by : David Robson

Download or read book The Intelligence Trap: Why Smart People Make Dumb Mistakes written by David Robson and published by W. W. Norton & Company. This book was released on 2019-08-06 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A “startling, provocative and potently useful” (James McConnachie, Times UK) examination of the stupid things intelligent people do. The Intelligence Trap explores cutting-edge ideas in our understanding of intelligence and expertise, including “motivated reasoning,” “meta-forgetfulness,” and “functional stupidity.” David Robson reveals the surprising ways that even the brightest minds and most talented organizations can go wrong?from some of Thomas Edison’s worst ideas to failures at NASA—while offering practical advice to avoid mistakes based on the timeless lessons of Benjamin Franklin, Richard Feynman, and Daniel Kahneman.

Why Smart People Do Dumb Things

Why Smart People Do Dumb Things

Author: Mortimer R. Feinberg

Publisher: Simon and Schuster

Published: 1995-04-26

Total Pages: 292

ISBN-13: 0671892584

DOWNLOAD EBOOK

Culled from business headlines and corporate files, Why Smart People Do Dumb Things is an in-depth examination of the ultimate in boardroom breakdown--a postmortem of the mega-mistakes made by highly regarded leaders in business and public life. From the "New Coke" debacle to the poor subscription showing of the Olympic Triplecast to the swirling controversy of Whitewater, Feinberg describes how strong minds can misuse their power, and why bright people often seize upon--and advocate brilliantly--ideas that others recognize as ridiculous.


Book Synopsis Why Smart People Do Dumb Things by : Mortimer R. Feinberg

Download or read book Why Smart People Do Dumb Things written by Mortimer R. Feinberg and published by Simon and Schuster. This book was released on 1995-04-26 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Culled from business headlines and corporate files, Why Smart People Do Dumb Things is an in-depth examination of the ultimate in boardroom breakdown--a postmortem of the mega-mistakes made by highly regarded leaders in business and public life. From the "New Coke" debacle to the poor subscription showing of the Olympic Triplecast to the swirling controversy of Whitewater, Feinberg describes how strong minds can misuse their power, and why bright people often seize upon--and advocate brilliantly--ideas that others recognize as ridiculous.

Why Smart People Make Big Money Mistakes--and how to Correct Them

Why Smart People Make Big Money Mistakes--and how to Correct Them

Author: Gary Belsky

Publisher:

Published: 2000

Total Pages: 220

ISBN-13:

DOWNLOAD EBOOK


Book Synopsis Why Smart People Make Big Money Mistakes--and how to Correct Them by : Gary Belsky

Download or read book Why Smart People Make Big Money Mistakes--and how to Correct Them written by Gary Belsky and published by . This book was released on 2000 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Why Smart People Can Be So Stupid

Why Smart People Can Be So Stupid

Author: Robert J. Sternberg

Publisher: Yale University Press

Published: 2002-04-01

Total Pages: 264

ISBN-13: 0300128207

DOWNLOAD EBOOK

“A serious attempt to understand a common phenomenon” from the author of The Nature of Human Intelligence (Psychology Today). One need not look far to find breathtaking acts of stupidity committed by people who are smart, or even brilliant. The behavior of clever individuals—from presidents to prosecutors to professors—is at times so amazingly stupid as to seem inexplicable. Why do otherwise intelligent people think and behave in ways so stupid that they sometimes destroy their livelihoods or even their lives? This is an investigation of psychological research to see what it can tell us about stupidity in everyday life. The contributors to the volume—scholars in various areas of human intelligence—present examples of people messing up their lives, and offer insights into the reasons for such behavior. From a variety of perspectives, the contributors discuss: The nature and theory of stupidity How stupidity contributes to stupid behavior Whether stupidity is measurable. While many millions of dollars are spent each year on intelligence research and testing to determine who has the ability to succeed, next to nothing is spent to determine who will make use of their intelligence and not squander it by behaving stupidly. The contributors focus on the neglected side of this discussion, reviewing the full range of theory and research on stupid behavior and analyzing what it tells us about how people can avoid stupidity and its devastating consequences. “Marvelous, devilishly clever, and culturally timely book . . . A fascinating exploration.” —Choice “Easily readable and well referenced . . . May provide just enough momentum for change.” —International Journal of Intelligence


Book Synopsis Why Smart People Can Be So Stupid by : Robert J. Sternberg

Download or read book Why Smart People Can Be So Stupid written by Robert J. Sternberg and published by Yale University Press. This book was released on 2002-04-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A serious attempt to understand a common phenomenon” from the author of The Nature of Human Intelligence (Psychology Today). One need not look far to find breathtaking acts of stupidity committed by people who are smart, or even brilliant. The behavior of clever individuals—from presidents to prosecutors to professors—is at times so amazingly stupid as to seem inexplicable. Why do otherwise intelligent people think and behave in ways so stupid that they sometimes destroy their livelihoods or even their lives? This is an investigation of psychological research to see what it can tell us about stupidity in everyday life. The contributors to the volume—scholars in various areas of human intelligence—present examples of people messing up their lives, and offer insights into the reasons for such behavior. From a variety of perspectives, the contributors discuss: The nature and theory of stupidity How stupidity contributes to stupid behavior Whether stupidity is measurable. While many millions of dollars are spent each year on intelligence research and testing to determine who has the ability to succeed, next to nothing is spent to determine who will make use of their intelligence and not squander it by behaving stupidly. The contributors focus on the neglected side of this discussion, reviewing the full range of theory and research on stupid behavior and analyzing what it tells us about how people can avoid stupidity and its devastating consequences. “Marvelous, devilishly clever, and culturally timely book . . . A fascinating exploration.” —Choice “Easily readable and well referenced . . . May provide just enough momentum for change.” —International Journal of Intelligence