Why Smart People Make Dumb Mistakes with Their Money
Book Details
Format
Paperback / Softback
ISBN-10
1722501979
ISBN-13
9781722501976
Publisher
G&D Media
Imprint
G&D Media
Country of Manufacture
US
Country of Publication
GB
Publication Date
Nov 7th, 2019
Print length
182 Pages
Weight
272 grams
Dimensions
22.60 x 15.00 x 1.00 cms
Ksh 2,350.00
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Kerry Johnson 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. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money.
You will learn:
You will learn:
- How overconfidence bias creates poor investment decisions.
- How the endowment effect stops you from selling bad investments.
- How sunk cost fallacy causes you to own investments until they are worthless.
- How status quo bias makes change more difficult.
- How framing and anchoring motivates you to spend more.
- The seven steps in picking an outstanding financial advisor.
- The five critical concepts in creating a successful portfolio.
Get Why Smart People Make Dumb Mistakes with Their Money by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by G&D Media and it has pages.
