Your money and your brain by jason zweig pdf
Your Money and Your Brain PDF Summary - Jason Zweig | 12min BlogDrawing on the latest scientific research, Jason Zweig shows what happens in your brain when you think about money and tells investors how to take practical, simple steps to avoid common mistakes and become more successful. What happens inside our brains when we think about money? In Your Money and Your Brain , Jason Zweig explains why smart people make stupid financial decisions—and what they can do to avoid these mistakes. Zweig, a veteran financial journalist, draws on the latest research in neuroeconomics, a fascinating new discipline that combines psychology, neuroscience, and economics to better understand financial decision making. He shows why we often misunderstand risk and why we tend to be overconfident about our investment decisions.
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8 Things I Learned From Your Money & Your Brain
Posted by jasonzweig on Dec 22, in Books 0 comments. There may be nothing in life that makes so many people feel as stupid as investing does. Yet while many books describe the mistakes investors make, only one draws on the latest scientific research to explain why smart people can be so dumb about money — and how they can do better. More importantly, he highlights practical steps that beginning and advanced investors alike can easily follow to improve their financial performance. These flashes of fundamental insight will enable you to see as never before what makes you tick as an investor. Money Magazine, Sept.
In a presentation I gave a couple weeks ago I used the following slide:. The book looks at neuroeconomics, which is research using brain activity, economics, and behavioral psychology to study how we make decisions. An investment mistake is like a sunburn: It results from forgetfulness, carelessness, or creeping commitment to a choice that you may never have been happy about. The research and lessons are timeless so it should be useful to hear the material all over again along with any updates over the past decade. This is going to be a fun event. A Wealth of Common Sense is a blog that focuses on wealth management, investments, financial markets and investor psychology.