Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics,New

Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics,New

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Brand: Simon & Schuster
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Why do so many otherwise smart people make foolish financial choices? Why do investors sell stocks just before they skyrocket and cling to others as they plummer? Why do shoppers overspend when using credit cards rather than cash? What do our habits of tipping or buying lottery tickets indicate about our relationship with money?In this fascinating investigation of the ways we spend, invest, save, borrow, and waste money, Gary Belsky and Thomas Gilovich reveal the psychological causes the patterns of thinking and decision making of irrational behavior. Most important, they focus on the decisions we make every day and, using entertaining examples, provide invaluable tips on avoiding the financial faux pas that can cost thousands of dollars each year.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

  • Q: What is the main topic of 'Why Smart People Make Big Money Mistakes'? A: The book explores the psychological reasons behind why smart individuals often make poor financial decisions, including investment errors and spending habits.
  • Q: Who are the authors of this book? A: The book is authored by Gary Belsky and Thomas Gilovich.
  • Q: What kind of insights does this book provide? A: It provides insights into behavioral economics, revealing common patterns of irrational financial behavior and offering practical tips for making better financial choices.
  • Q: How many pages does this book have? A: The book contains 224 pages.
  • Q: What is the binding type of this book? A: The book is available in paperback binding.
  • Q: When was 'Why Smart People Make Big Money Mistakes' published? A: The book was published on April 6, 2000.
  • Q: What condition is the book in? A: The book is listed as 'New'.
  • Q: Is this book suitable for beginners in economics? A: Yes, the book is accessible for beginners and provides valuable insights into financial decision-making without requiring extensive prior knowledge of economics.
  • Q: What can readers expect to learn from this book? A: Readers can expect to learn about the psychological factors influencing their financial decisions and strategies to avoid common financial mistakes.
  • Q: Are there practical examples included in the book? A: Yes, the book includes entertaining examples to illustrate the concepts discussed and to provide actionable advice.

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