Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics (Paperback)
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Amazon.com Review
Why do so many otherwise rational individuals make irrational decisions when it comes to money? Financial journalist Gary Belsky and Cornell University psychology professor Thomas Gilovich contend the answers can be found–and the deficiencies remedied–with help from a relatively new science called behavioral economics. Still largely unknown outside academic circles, the field can be traced to research on the impact of rewards and punishments on human judgment and decision- making that first were undertaken at Jerusalem’s Hebrew University some 30 years ago. In Why Smart People Make Big Money Mistakes , Belsky and Gilovich update this pioneering work and show readers how to understand exactly why t (more…)
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June 19th, 2009 at 6:57 pm
5.0 out of 5 stars
Timeless since these errors have been with us since our beginning.
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June 19th, 2009 at 8:36 pm
5.0 out of 5 stars
Start here
What a great little book this is. It is short, concise and to the point. I liked the examples the authors used which you could easily relate to.
June 20th, 2009 at 3:03 am
4.0 out of 5 stars
Marc J. Ellison
This is a very informative book that investigates why we think the way we do about money and what mental games we play that can get us into so much trouble.
June 20th, 2009 at 9:55 am
5.0 out of 5 stars
This Is A Must For Those Who Want To Succeed
* When you know the common mistakes people make, you will learn from them and will not do the same.
* Not only you will learn the common mistakes, but this book describe…
June 20th, 2009 at 2:05 pm
5.0 out of 5 stars
We All Make Mistakes With Money
This book will show you how and why people lose or waste money. From ego, to overconfidence, to anchoring, to mental accounting.
June 20th, 2009 at 7:37 pm
5.0 out of 5 stars
Begin To Make Smart Money Decisions
This book is well worth reading. Even though I am sixty-nine years old with an extensive background in finance, I still found the contents of this book very interesting.
June 21st, 2009 at 2:06 am
5.0 out of 5 stars
Great Introduction to Behavioral Finance
For more than 20 years I have been fascinated why so many people make financial decisions which defy rationality.
June 21st, 2009 at 5:29 am
5.0 out of 5 stars
Entertaining and good stuff
The book is easy to read and it also covers a lot of interesting topics. Highly recommended.
June 21st, 2009 at 7:59 am
5.0 out of 5 stars
One of my favorite personal finance books
It’s been years since I first read this book, but I still reference it often when talking about money decisions. It’s readable, fun, and informative.
June 21st, 2009 at 2:20 pm
5.0 out of 5 stars
Out of the ivory tower and into your real life
this book is an easy well-written guide to understanding the academic field of behavioral economics and to bring it into the real world of our lives.