#290 | The Two Behavioral Finance Books That Will Help You Make Better Wealth Decisions: Predictably Irrational and Misbehaving - Financial Literacy, Financial Advisors & Wealth
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Worried about the current investment climate and your money?
Click the link below and book a call for personalized advice to help you feel secure and protected about your retirement:
https://makebetterwealthdecisions.s.gy/podcast
Are your financial decisions really rational, or are hidden psychological biases quietly shaping every choice you make?
Most of us believe we're logical when it comes to money, investing, and everyday decisions. But behavioral finance research tells a different story. In this episode, we explore two of the most influential books in the field—Predictably Irrational by Dan Ariely and Misbehaving by Nobel Prize winner Richard Thaler—and uncover why understanding human behavior is essential if you want to make better wealth decisions.
By listening, you'll discover:
- How behavioral finance explains the predictable mistakes we all make when managing money and making important life decisions.
- Why concepts like heuristics and cognitive biases can create costly blind spots—and how recognizing them can improve your judgment.
- Why Predictably Irrational and Misbehaving are two of the best summer reads for anyone who wants to make better wealth decisions while gaining practical insights into human behavior.
If you're looking for engaging, thought-provoking books that can help you understand yourself, improve your financial decision-making, and make better wealth decisions, this episode is the perfect place to start.
John De Goey's Books. Grab your copy from Amazon:
- Bullshift: How Optimism Bias Threatens Your Finances
- STANDUP to the Financial Services Industry
- The Professional Financial Advisor IV