Audiobook3 hours
Why Smart People Make Dumb Mistakes with their Money
Written by Kerry L. Johnson
Narrated by Kerry L. Johnson
Rating: 4 out of 5 stars
4/5
()
About this audiobook
Why Smart People Make Dumb Mistakes with their Money.
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 7 steps in picking an outstanding financial advisor
7- The 5 critical concepts in creating a successful portfolio
These are the concepts you you will in Behavioral Investing.
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 7 steps in picking an outstanding financial advisor
7- The 5 critical concepts in creating a successful portfolio
These are the concepts you you will in Behavioral Investing.
More audiobooks from Kerry L. Johnson
Tele-Sales: How To Get Business on the Telephone Rating: 5 out of 5 stars5/5Mastering Self-Discipline with NLP Rating: 4 out of 5 stars4/5Solving the People Puzzle Rating: 0 out of 5 stars0 ratingsPeak Performance Selling: How to increase your sales by 80% in 8 weeks Rating: 5 out of 5 stars5/5How to Read Your Client's Mind Rating: 4 out of 5 stars4/5Mastering Self-Confidence with NLP Rating: 0 out of 5 stars0 ratingsStress Survival Rating: 0 out of 5 stars0 ratingsTrust-Based Selling Rating: 5 out of 5 stars5/5
Related to Why Smart People Make Dumb Mistakes with their Money
Related audiobooks
The Truth About Your Future: The Money Guide You Need Now, Later, and Much Later Rating: 4 out of 5 stars4/5Money Makes Me Crazy!: A Prescription for Money Sanity Rating: 5 out of 5 stars5/5Money Habits: Small Life Changes That Can Make You Rich Rating: 4 out of 5 stars4/5Getting Started in Finding a Financial Advisor Rating: 0 out of 5 stars0 ratingsGo Fund Yourself: What Money Means in the 21st Century, How to be Good at it and Live Your Best Life Rating: 0 out of 5 stars0 ratingsBuy, Hold, and Sell!: The Investment Strategy That Could Save You From the Next Market Crash Rating: 0 out of 5 stars0 ratingsMaster Your Money Type: Using Your Financial Personality to Create a Life of Wealth and Freedom Rating: 4 out of 5 stars4/5The Passive Aggressive Earner: Your Guide to Break Free from the Shackle of 9-5 Rating: 5 out of 5 stars5/5Loaded: Money, Psychology, and How to Get Ahead without Leaving Your Values Behind Rating: 4 out of 5 stars4/5Smash Your Alarm Clock!: Living the Dream Through Real Estate Investing Rating: 0 out of 5 stars0 ratingsYou Can Never Be Too Rich: Essential Investing Advice You Cannot Afford to Overlook Rating: 0 out of 5 stars0 ratingsIgnore the Hype: Financial Strategies Beyond the Media-Driven Mayhem Rating: 0 out of 5 stars0 ratingsActive Investing in the Age of Disruption Rating: 4 out of 5 stars4/5Rescue Your Money: Your Personal Investment Recovery Plan Rating: 4 out of 5 stars4/5Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82 Rating: 4 out of 5 stars4/5Be Your Own Boss: How To Prosper In the Coming Entrepreneurial Decade Rating: 5 out of 5 stars5/5The Ten Roads to Riches, Second Edition: The Ways the Wealthy Got There (And How You Can Too!) Rating: 4 out of 5 stars4/5Climbing out of Debt: Practical Steps to Managing Your Money, Defeating Your Fear and Taking Control Rating: 0 out of 5 stars0 ratingsMidlife Investing Strategies: A Comprehensive Guide to Investing in Your 40s Rating: 4 out of 5 stars4/510 Ways to Stay Broke...Forever: Why Be Rich When You Can Have This Much Fun? Rating: 4 out of 5 stars4/5The Permanent Portfolio: Harry Browne's Long-Term Investment Strategy Rating: 4 out of 5 stars4/5Wealth Wisdom: How Ordinary Australians Can Create Extraordinary Wealth Rating: 5 out of 5 stars5/5The Ten Roads to Riches Rating: 5 out of 5 stars5/5How to Survive (and Thrive) During the Great Gold Bust Ahead Rating: 4 out of 5 stars4/5To the Moon Investing: Visually Mapping Your Winning Stock Market Portfolio Rating: 0 out of 5 stars0 ratingsFinancial Independence: Achieving Your Financial Freedom And Wealth Rating: 3 out of 5 stars3/5
Investments & Securities For You
The Intelligent Investor Rating: 4 out of 5 stars4/5The Richest Man in Babylon Rating: 4 out of 5 stars4/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5Flash Boys Rating: 4 out of 5 stars4/5The Big Short: Inside the Doomsday Machine Rating: 5 out of 5 stars5/5The Bogleheads' Guide to Investing: Second Edition Rating: 5 out of 5 stars5/5How to Invest Rating: 5 out of 5 stars5/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5The Great Money Reset: Change Your Work, Change Your Wealth, Change Your Life Rating: 5 out of 5 stars5/5Don't Start a Side Hustle!: Work Less, Earn More, and Live Free Rating: 5 out of 5 stars5/5Stock Market Investing for Beginners & Dummies Rating: 5 out of 5 stars5/5Financial Intelligence: How to To Be Smart with Your Money and Your Life Rating: 4 out of 5 stars4/5Learn to Earn: A Beginner's Guide to the Basics of Investing Rating: 5 out of 5 stars5/5The Little Book That Still Beats the Market Rating: 4 out of 5 stars4/5The Only Investment Guide You'll Ever Need Rating: 4 out of 5 stars4/5Crypto Economy: How Blockchain, Cryptocurrency, and Token-Economy Are Disrupting the Financial World Rating: 4 out of 5 stars4/5Stock Investing For Dummies: 5th Edition Rating: 5 out of 5 stars5/5Options Trading: The Ultimate Beginners Guide to Trading like the Rich Rating: 5 out of 5 stars5/5Options Trading: A Beginner's Guide to Make Money By Trading Options With Practical Strategies Rating: 4 out of 5 stars4/5Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life Rating: 5 out of 5 stars5/5How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Rating: 4 out of 5 stars4/5The Wolf of Investing: My Insider's Playbook for Making a Fortune on Wall Street Rating: 4 out of 5 stars4/5Day Trading For Dummies: 4th Edition Rating: 5 out of 5 stars5/5The Wizard of Lies: Bernie Madoff and the Death of Trust Rating: 4 out of 5 stars4/5One Up On Wall Street: How To Use What You Already Know To Make Money In The Market Rating: 5 out of 5 stars5/5
Reviews for Why Smart People Make Dumb Mistakes with their Money
Rating: 4.076923076923077 out of 5 stars
4/5
13 ratings0 reviews