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
Mastering Self-Discipline with NLP Rating: 4 out of 5 stars4/5Tele-Sales: How To Get Business on the Telephone Rating: 5 out of 5 stars5/5Peak Performance Selling: How to increase your sales by 80% in 8 weeks Rating: 5 out of 5 stars5/5Solving the People Puzzle Rating: 0 out of 5 stars0 ratingsStress Survival Rating: 0 out of 5 stars0 ratingsTrust-Based Selling Rating: 5 out of 5 stars5/5Mastering Self-Confidence with NLP Rating: 0 out of 5 stars0 ratingsHow to Read Your Client's Mind Rating: 4 out of 5 stars4/5
Related to Why Smart People Make Dumb Mistakes with their Money
Related audiobooks
Money 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 stars4/5Loaded: 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 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 ratingsThe Truth About Your Future: The Money Guide You Need Now, Later, and Much Later Rating: 4 out of 5 stars4/5Getting Started in Finding a Financial Advisor Rating: 0 out of 5 stars0 ratingsThe One-Page Financial Plan: A Simple Way to Be Smart About Your Money Rating: 4 out of 5 stars4/5Buy, Hold, and Sell!: The Investment Strategy That Could Save You From the Next Market Crash Rating: 0 out of 5 stars0 ratingsThe Passive Aggressive Earner: Your Guide to Break Free from the Shackle of 9-5 Rating: 5 out of 5 stars5/5The Millionaire Dropout: Fire Your Boss. Do What You Love. Reclaim Your Life! Rating: 0 out of 5 stars0 ratingsThe Science of Money: How to Increase Your Income and Become Wealthy Rating: 5 out of 5 stars5/5You 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 ratingsHow to Survive (and Thrive) During the Great Gold Bust Ahead Rating: 4 out of 5 stars4/5Money Machine: The Surprisingly Simple Power of Value Investing Rating: 5 out of 5 stars5/5The Ten Roads to Riches Rating: 5 out of 5 stars5/5The Capitalist Code: It Can Save Your Life and Make You Very Rich Rating: 5 out of 5 stars5/5Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82 Rating: 4 out of 5 stars4/5Money Without Boundaries: How Blockchain Will Facilitate the Denationalization of Money Rating: 0 out of 5 stars0 ratingsThe Sale a Lifetime: How the Great Bubble Burst of 2017-2019 Can Make You Rich Rating: 4 out of 5 stars4/5Wealth Wisdom: How Ordinary Australians Can Create Extraordinary Wealth Rating: 5 out of 5 stars5/5What to Do When the Bubble Pops: Personal and Business Strategies for the Coming Economic Winter Rating: 4 out of 5 stars4/5Rescue Your Money: Your Personal Investment Recovery Plan Rating: 4 out of 5 stars4/5Weekend Millionaire Mindset: How Ordinary People Can Achieve Extraordinary Success 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 stars4/5What Your Financial Advisor Isn't Telling You: The 10 Essential Truths You Need to Know About Your Money Rating: 5 out of 5 stars5/5Winning With The Market: Beat the Traders and Brokers in Good Times and Bad Rating: 4 out of 5 stars4/5The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down Rating: 4 out of 5 stars4/5
Investments & Securities For You
The Richest Man in Babylon Rating: 4 out of 5 stars4/5Day Trading For Dummies: 4th Edition Rating: 5 out of 5 stars5/5Don't Start a Side Hustle!: Work Less, Earn More, and Live Free Rating: 5 out of 5 stars5/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5The Intelligent Investor Rating: 4 out of 5 stars4/5Financial Intelligence: How to To Be Smart with Your Money and Your Life 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 stars5/5The Bogleheads' Guide to Investing: Second Edition 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 stars4/5How To Make Money In Stocks, Third Edition: A Winning System in Good Times or Bad, 3rd Edition Rating: 4 out of 5 stars4/5Learn to Earn: A Beginner's Guide to the Basics of Investing Rating: 5 out of 5 stars5/555 Laws of Real Estate Investing: A Road Map to Real Estate Success Rating: 5 out of 5 stars5/5Buy It, Rent It, Profit!: Make Money as a Landlord in ANY Real Estate Market Rating: 5 out of 5 stars5/5The Wolf of Investing: My Insider's Playbook for Making a Fortune on Wall Street Rating: 4 out of 5 stars4/5Stock Market Investing for Beginners & Dummies Rating: 5 out of 5 stars5/5Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis 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 stars5/5A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation Rating: 4 out of 5 stars4/5Where the Money Is: Value Investing in the Digital Age Rating: 4 out of 5 stars4/5The Big Short: Inside the Doomsday Machine Rating: 5 out of 5 stars5/5The Only Investment Guide You'll Ever Need Rating: 4 out of 5 stars4/5
Reviews for Why Smart People Make Dumb Mistakes with their Money
Rating: 4.076923076923077 out of 5 stars
4/5
13 ratings0 reviews