Your Money and Your Brain

How the New Science of Neuroeconomics Can Help Make You Rich

De: Jason Zweig

Narrado por: Walter Dixon

What happens inside our brains when we think about money? Quite a lot, actually, and some of it isn't good for our financial health. In Your Money and Your Brain, Jason Zweig explains why smart people make stupid financial decisions - and what they can do to avoid these mistakes. Zweig, a veteran financial journalist, draws on the latest research in neuroeconomics, a fascinating new discipline that combines psychology, neuroscience, and economics to better understand financial decision making. He shows why we often misunderstand risk and why we tend to be overconfident about our investment decisions. Your Money and Your Brain offers some radical new insights into investing and shows investors how to take control of the battlefield between reason and emotion.

Your Money and Your Brain is as entertaining as it is enlightening. In the course of his research, Zweig visited leading neuroscience laboratories and subjected himself to numerous experiments. He blends anecdotes from these experiences with stories about investing mistakes, including confessions of stupidity from some highly successful people. Then he draws lessons and offers original practical steps that investors can take to make wiser decisions.

©2007 Jason Zweig (P)2020 Tantor

Must read for someone who has lost money in stocks

First off, I can't believe this book doesn't have more 5 star reviews. I can understand to an extent because Jason Zweig went in a lot of neurology and research that is hard for laymen to understand. Since, I'm in the medical field, it was very easy for me to follow the author. I would recommend not to get bothered by those details but to focus on the gist (message) from that section.
This book is a must for any investor as we can be our worst enemy when it comes to money. This book gave me a deep understanding of why we make those kind of mistakes when it comes to money. For me, it was like I was a slave of my own brain and made blunders when it came to investing my money. This book gave me a great perspective and helped me understand my own though processes better.
It is extremely well written and the narrator is exceptional as well. The author has a great knowledge on this subject. Every chapter is well written. Highly recommended book for all investors!

Must Listen

Its great when someone like Jason Zweig takes the best work in psychology from superstars like Tversky, Kahneman, Thaler, Ariely and a host of others, and then uses it to illuminate how our brain leads us astray when investing.

As Buffett says, “By far the most important quality is not how much IQ you’ve got. IQ is not the scarce factor. You need a reasonable amount of intelligence, but the temperament is 90% of it.”

This book shines the light on that 90% of investment success and I plan to listen until I’ve absorbed it all.

Loved it!

This book is worth the price and more. The knowledge gained is invaluable, this more than a financial fitness book.

Finally some answers

Finally, a book with answers to why we do what we do with money! This is a must listen!

Must read for traders

I like the approach it took very comprehensive focus on what I think is important which human psychology when it comes to trade and the need for rules

best finance book I ever read

hands down the most practical applicable finance book I have already had incredible information I highly recommend it to anyone who wants to learn about finance and the brain

Think fast and slow

This is good book with good strategies on how to behave regarding to your investment behavior. I could resume this books as the “Think fast and slow” for investors.

Investing with Common Sense

Zweig has written a fantastic book explaining how to invest with common sense, detailing how we can each do it simply and also why many of us don’t, with some examples of investing horror stories (buy high, sell low).

Highly accessible book, even if you’re not financial literate, with great practical advice on how to beta your emotions and desire to get rich quickly.

Describes the backstage of the mind

Great boo which investigates and describes the backstage of our greedy and inspiring mind, it explores the origin of our way of thinking. The book based on bot the psychology and anatomy of the brain. I highly recommend it and although i listen to it for the 2nd time it is even more interesting as I understand the small details

Useful & informative

Great guidance for an individual investor acting on my own. Fascinating look at the brain and how people think. The appendix was very helpful. Making me a better informed investor.