Why Smart People Make Big Money Mistakes and How to Correct Them: Lessons from the Life-Changing Science of Behavioral Economics
by Thomas Gilovich, Gary Belsky
Drawing on behavioral economics, Thomas Gilovich and Gary Belsky examine why intelligence does not always prevent costly financial mistakes. The book explores how people think about money, identifies patterns that can lead to poor decisions, and offers practical lessons for correcting those behaviors.
About This Book
This book examines the life-changing science of behavioral economics and its relevance to everyday financial decisions.
Thomas Gilovich and Gary Belsky explore why smart people may make significant money mistakes despite their intelligence and good intentions.
It focuses on recognizing common patterns in financial thinking and behavior.
The book offers lessons intended to help readers understand and correct these mistakes.
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