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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 Paperback January 12, 2010
Protect and grow your finances with help from this definitive and practical guide to behavioral economics.
Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics Paperback January 12, 2010
Item #: 10494015

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

Item #: 10494015

ZAR 353

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Protect and grow your finances with help from this definitive and practical guide to behavioral economics.
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What Stands Out

Behavioral Insights
Explore the psychological biases that lead even smart individuals to financial blunders, offering valuable insights to improve decision-making in investments and savings.
Practical Solutions
Provides actionable strategies to correct common financial errors, empowering readers to adopt better money management habits and make wiser choices.
Research-Backed
Grounded in behavioral economics, this book combines scientific findings with real-life lessons, delivering a compelling narrative that resonates with both casual readers and serious investors.

Product Details

Shop Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics Paperback January 12, 2010 online at a best price in South Africa. 1439163367
Publisher Simon & Schuster
Publication date January 12, 2010
Edition 32058th
Language English
Print length 288 pages
ISBN-10 9781439163368
ISBN-13 978-1439163368
Item Weight 8.6 ounces (243.81 grams)
Dimensions 5.5 x 0.7 x 8.44 inches (14 x 1.8 x 21.4 cm)

Who Should Buy?

Suitable For
  • Career Professionals

    Individuals seeking to improve their financial decision-making skills and avoid costly mistakes in their careers.

  • Students of Economics

    Those studying economics or finance who want to understand behavioral economics' impact on real-world financial decisions.

  • Financial Advisors

    Advisors looking to enhance their understanding of client behaviors and improve their guidance on financial decisions.

Not Suitable For
  • Beginners in Finance

    Novices may find the concepts challenging without foundational knowledge in finance or behavioral economics.

Product Description

Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics Paperback January 12, 2010

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Introduction Editorial Review

**Editorial Review** "Why Smart People Make Big Money Mistakes and How to Correct Them" explores the pitfalls of financial decision-making through the lens of behavioral economics. Readers have expressed a strong sense of relatability to the themes discussed in the book, highlighting the common human tendencies to prioritize short-term gains and succumb to cognitive biases that can lead to poor financial choices. This book serves as both a mirror and a guide, prompting individuals to reflect on their own financial behaviors while providing practical strategies to mitigate those errors. The authors, Belsky and Gilovich, craft a breezy and engaging narrative, making complex ideas accessible to a wide audience. Whether you Consider yourself a novice or an experienced investor, the straightforward advice disseminated in the book resonates deeply, often prompting an intellectual exploration of one’s financial habits. The conversational style effectively illustrates the authors' insights, making the content feel less like a lecture and more like a personal discussion among friends. Though generally well-received, the book has faced some criticism for lacking references and citations that would bolster its claims. Some reviewers expressed concern over the absence of supporting evidence, suggesting that while the ideas may be compelling, their reliability could come into question without proper validation. Nevertheless, the book remains a popular choice for those seeking a foundational understanding of behavioral finance without getting bogged down by dense academic language. Ultimately, those interested in understanding why even the smartest individuals can falter in financial matters may find this book enlightening. It honors a blend of psychology and finance, making it a must-read for anyone looking to improve their financial decision-making processes. **

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Pros

  • Engaging and accessible writing style.
  • Relatable content that resonates with a wide audience.
  • Offers practical strategies for improving financial decision-making.
  • Blends psychology with finance effectively.
  • Suitable for both beginners and more experienced readers.

Cons

  • Lacks references and citations, leading to questions about reliability.

Product Price History

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