We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access .
Why Smart People Make Dumb Mistakes with Their Money Audiobook

Why Smart People Make Dumb Mistakes with Their Money

Regular Price:$17.49
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Publisher's Summary

This program 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 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.

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

These are the concepts you will see in behavioral investing.

©2015 Dr. Kerry Johnson (P)2015 Gildan Media LLC

More from the same

What Members Say

Average Customer Rating

3.4 (8 )
5 star
 (1)
4 star
 (2)
3 star
 (4)
2 star
 (1)
1 star
 (0)
Overall
3.1 (7 )
5 star
 (1)
4 star
 (1)
3 star
 (3)
2 star
 (2)
1 star
 (0)
Story
3.6 (7 )
5 star
 (1)
4 star
 (2)
3 star
 (4)
2 star
 (0)
1 star
 (0)
Performance


There are no reviews for this title yet.

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.