Listen free for 30 days

Listen with offer

Preview

£0.00 for first 30 days

Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.

Why Smart People Make Dumb Mistakes with Their Money

By: Dr. Kerry Johnson
Narrated by: Dr. Kerry Johnson
Try for £0.00

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £12.99

Buy Now for £12.99

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Summary

This program 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.

  • 1: How overconfidence bias creates poor investment decisions.
  • 2: How the endowment effect stops you from selling bad investments.
  • 3: How sunk cost fallacy causes you to own investments until they are worthless.
  • 4: How status quo bias makes change more difficult.
  • 5: How framing and anchoring motivates you to spend more.
  • 6: The seven seven steps in picking an outstanding financial advisor.
  • 7: The five critical concepts in creating a successful portfolio.

These are the concepts you will see in behavioral investing.

©2015 Dr. Kerry Johnson (P)2015 Gildan Media LLC
activate_Holiday_promo_in_buybox_DT_T2

Listeners also enjoyed...

How to Buy Your Happiness cover art
The 5 Mistakes Every Investor Makes and How to Avoid Them, 2nd Edition cover art
The Little Book of Big Profits from Small Stocks + Website cover art
Stock Market Investing for Beginners cover art
Wealth Mismanagement cover art
Outsmarting the Crowd cover art
Rule of 72 cover art
Money Machine cover art
Rich as a King cover art
Let's Talk Money cover art
You're Already a Wealth Heiress! Now Think and Act Like One cover art
The Anxious Investor cover art
Buffett's Tips cover art
Money School cover art
Making it in Real Estate cover art
How a Second Grader Beats Wall Street cover art

What listeners say about Why Smart People Make Dumb Mistakes with Their Money

Average customer ratings
Overall
  • 3.5 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    1
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 3.5 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    1
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 2.5 out of 5 stars
  • 5 Stars
    0
  • 4 Stars
    0
  • 3 Stars
    1
  • 2 Stars
    1
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.