For a documentary on the psychology of financial decision-making, see "Mind Over Money: Nova" (2010) about research studies on behavioral economics.
Life Lesson:
Emotion may lead you to make bad financial decisions. For example, people who feel sad will pay more, sometimes four times more, for a consumer product than those who do not feel sad.
Thank you, sir! This is literally the best thing I read this week. The way you organized, it was clear and easily understandable. Also surely waiting for the illustrator format.
PS: This is one of the best newsletters I've been reading for a couple of months.
For a documentary on the psychology of financial decision-making, see "Mind Over Money: Nova" (2010) about research studies on behavioral economics.
Life Lesson:
Emotion may lead you to make bad financial decisions. For example, people who feel sad will pay more, sometimes four times more, for a consumer product than those who do not feel sad.
Movie Scene: https://moviewise.wordpress.com/2013/01/14/mind-over-money-nova/
Thank you, sir! This is literally the best thing I read this week. The way you organized, it was clear and easily understandable. Also surely waiting for the illustrator format.
PS: This is one of the best newsletters I've been reading for a couple of months.