Why smart people make big money mistakes--and how to correct them
by Gary Belsky · first published 1999
3mentions
3recommended by
3HN commenters
2008–2016first – last mentioned
100% recommend
"Gary Belsky and Thomas Gilovich reveal why people spend, invest, save, borrow, and, most important, waste money. They provide fascinating insights into all manner of occurrencestipping, gambling, plane crashes, lotteries, and game shows, to name just a few - to explain behavioral economics in a way that is as entertaining as it is informative. Best of all, they offer dozens of useful tips that will help us overcome the blind spots that cloud our financial judgment and will allow us to enjoy greater financial freedom."--BOOK JACKET.
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…by Rick Ferri # The Informed Investor - by Frank Armstrong # The Little Book of Common Sense Investing - by John "Jack" Bogle # The Coffeehouse Investor - by Bill Schultheis. Investor Behavior # Why Smart People Make Big Money Mistakes And How To Correct Them - by Gary Belsky and Thomas Gilovich # Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich - by Jason Zweig # Rational Investing in Irrational Times: How to Avoid…
on “Ask HN: Best books/source to learn about investing?” ↗…Door 2) The Intelligent Investor (must read!) 3) How to Get Out of Debt, Stay Out of Debt, and Live Prosperously 4) Your Money or Your Life 5) I Will Teach You to Be Rich (relevant to you at your age) 6) Why Smart People Make Big Money Mistakes, and How to Correct Them (short and sweet) 7) The Rational Optimist (not specifically about personal finance but a great read about behavior) Hope this helps, and if you ever want to discuss personal finance in more detail feel…
on “Ask HN: A good book about personal finance?” ↗…nice idea in a socially homogeneous group of a small number of like-minded farmers. It fails surely and predictably in a large group trying to make good decisions in a complex and technical world. Read: Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics
on “Facebook admits it must do more to stop the spread of misinformation” ↗