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Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics

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Author:
Publisher:
Simon & Schuster
Pub. Date:
2010
Language:
English
Description
Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities.
In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don't get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can't sock away as much as they'd like, and why so many of us can't control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year.

Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
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ISBN:
9781439169742
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Grouping Information

Grouped Work IDb0f5f03b-6e37-5596-492d-050213473bae
Grouping Titlewhy smart people make big money mistakes and how to correct them lessons from the life changing science of behavioral economics
Grouping Authorgary belsky
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2024-03-28 02:11:39AM
Last Indexed2024-03-28 02:24:37AM

Solr Fields

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author
Belsky, Gary
author_display
Belsky, Gary
display_description
Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities.
In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don't get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can't sock away as much as they'd like, and why so many of us can't control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year.

Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
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eBook
format_category_catalog
eBook
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b0f5f03b-6e37-5596-492d-050213473bae
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9781439169742
last_indexed
2024-03-28T09:24:37.294Z
lexile_score
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literary_form
Non Fiction
literary_form_full
Non Fiction
primary_isbn
9781439169742
publishDate
2010
publisher
Simon & Schuster
recordtype
grouped_work
title_display
Why Smart People Make Big Money Mistakes and How to Correct Them Lessons from the Life-Changing Science of Behavioral Economics
title_full
Why Smart People Make Big Money Mistakes and How to Correct Them Lessons from the Life-Changing Science of Behavioral Economics
title_short
Why Smart People Make Big Money Mistakes and How to Correct Them
title_sub
Lessons from the Life-Changing Science of Behavioral Economics
topic_facet
Business
Finance
Nonfiction
Psychology

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