Download or read book Why Smart People Make Big Money Mistakes and How to Correct Them written by Gary Belsky and published by Simon and Schuster. This book was released on 2010-01-12 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Protect and grow your finances with help from this definitive and practical guide to behavioral economics—revised and updated to reflect new economic realities. In their fascinating investigation of the ways we handle money, Gary Belsky and Thomas Gilovich reveal the psychological forces—the patterns of thinking and decision making—behind seemingly irrational behavior. They explain why so many otherwise savvy people make foolish financial choices: why investors are too quick to sell winning stocks and too slow to sell losing shares, why home sellers leave money on the table and home buyers don’t get the biggest bang for their buck, why borrowers pay too much credit card interest and savers can’t sock away as much as they’d like, and why so many of us can’t control our spending. Focusing on the decisions we make every day, Belsky and Gilovich provide invaluable guidance for avoiding the financial faux pas that can cost thousands of dollars each year. Filled with fresh insight; practical advice; and lively, illustrative anecdotes, this book gives you the tools you need to harness the powerful science of behavioral economics in any financial environment.
Download or read book Earn from Your Mistakes written by Gerard I. Nierenberg and published by . This book was released on 1996 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Best selling author of art of negotiating and how to read a person like a book, now turns his self-improvement expertise to a common and costly problem the mistake. From a mere typo to a more sever error in judgment, mistakes. From a mere typo to a more severe error in judgment mistakes are at best exasperating, and at worst devastating in their consequences. But do we really allow ourselves to learn from our mistakes? Nierenberg explains how to diagnose and correct your most frequent and frustrating mistakes before they happen again. Use his clear and simple error awareness system and be enlightened." --Inside cover.
Download or read book The Magnificent Mistake written by Ion Valis and published by Pop Philosophy Press. This book was released on 2014-12 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: They say the only certainties in life are death and taxes. I would add a third: mistakes. We all commit errors - often small ones, sometimes big ones, and all too frequently the same ones. What if you learned it was actually crucially important to learn from our mistakes? What if you discovered that the most successful people and organizations in the world did just that, and it is often one of the secrets to their success? What if someone gave you a simple tool - a six-step checklist captured in the acronym M.A.S.T.E.R. - which you could use to quickly draw the right lessons from both little miscues and massive failures? Finally, what if you were taught 12 key habits that your team or organization could implement to harness the power of failure? Whether you're an entrepreneur, an employee or an executive, this book is for you. All winners in sports, business and life consistently and systematically learn from their mistakes. It's also the fastest, simplest, most powerful and yet least practiced way to improve you or your organization's performance. We know intuitively we should learn from our missteps. However, very few of us actually do, and that itself is a huge error. Discover what Michael Phelps, Warren Buffett, Amazon and Delta Force have in common in "The Magnificent Mistake."
Download or read book The Book of Mistakes written by Corinna Luyken and published by Penguin. This book was released on 2017-04-18 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zoom meets Beautiful Oops! in this memorable picture book debut about the creative process, and the way in which "mistakes" can blossom into inspiration One eye was bigger than the other. That was a mistake. The weird frog-cat-cow thing? It made an excellent bush. And the inky smudges… they look as if they were always meant to be leaves floating gently across the sky. As one artist incorporates accidental splotches, spots, and misshapen things into her art, she transforms her piece in quirky and unexpected ways, taking readers on a journey through her process. Told in minimal, playful text, this story shows readers that even the biggest “mistakes” can be the source of the brightest ideas—and that, at the end of the day, we are all works in progress, too. Fans of Peter Reynolds’s Ish and Patrick McDonnell’s A Perfectly Messed-Up Story will love the funny, poignant, completely unique storytelling of The Book of Mistakes. And, like Oh, The Places You’ll Go!, it makes the perfect graduation gift, encouraging readers to have a positive outlook as they learn to face life’s obstacles.
Download or read book Why Smart People Make Dumb Mistakes with Their Money written by Kerry Johnson and published by Gildan Media LLC aka G&D Media. This book was released on 2019-10-22 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money. You will learn: How overconfidence bias creates poor investment decisions. How the endowment effect stops you from selling bad investments. How sunk cost fallacy causes you to own investments until they are worthless. How status quo bias makes change more difficult. How framing and anchoring motivates you to spend more. The seven steps in picking an outstanding financial advisor. The five critical concepts in creating a successful portfolio. Kerry L. Johnson, MBA, Ph.D. , America's Business Psychologist, is a bestselling author and internationally sought after speaker with an upbeat, entertaining style, much like his writing. He travels 8,000 miles each week speaking around the world, and also heads a personal coaching company, Peak Performance Coaching.
Download or read book I Killed Zoe Spanos written by Kit Frick and published by Simon and Schuster. This book was released on 2021-06-08 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working as a nanny in the Hamptons before starting college, Anna learns of her weird connection to a missing girl, but after she confesses to manslaughter a podcast producer helps reveal life-changing truths.
Download or read book 10 Financial Mistakes You Should Avoid written by Stephen S K Ng and published by . This book was released on 2015-06-22 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are retired or about to retire, you face a rapidly changing landscape and a number of unique financial challenges. Will you have enough to last through retirement? How can you preserve your assets and standard of living? What are the strategies and solutions you can put in place to help preserve the money you have worked so hard to earn? In 10 Financial Mistakes You Can't Afford to Make, Stephen Ng addresses these questions and many more. After more than two decades of working with retirees and pre-retirees, he knows the mistakes people make--and how to avoid them. In his direct and accessible style, Stephen guides you through every step of the journey, from devising a retirement plan to educating yourself to helping preserve your investments. He also provides a number of risk management strategies, helping readers understand the dangers posed by longevity risk and the sequence of returns. 10 Financial Mistakes is packed full of invaluable information and the strategies for retirees seeking to manage their retirement assets in an uncertain world.
Download or read book Investment Mistakes Even Smart Investors Make and How to Avoid Them written by Larry Swedroe and published by McGraw Hill Professional. This book was released on 2011-12-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to avoiding investment mistakes reveals the most common errors investors make and provides a framework for rethinking investment and money management strategies.
Download or read book Big Mistakes written by Michael Batnick and published by John Wiley & Sons. This book was released on 2018-05-22 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Must-Read for Any Investor Looking to Maximize Their Chances of Success Big Mistakes: The Best Investors and Their Worst Investments explores the ways in which the biggest names have failed, and reveals the lessons learned that shaped more successful strategies going forward. Investing can be a rollercoaster of highs and lows, and the investors detailed here show just how low it can go; stories from Warren Buffet, Bill Ackman, Chris Sacca, Jack Bogle, Mark Twain, John Maynard Keynes, and many more illustrate the simple but overlooked concept that investing is really hard, whether you're managing a few thousand dollars or a few billion, failures and losses are part of the game. Much more than just anecdotal diversion, these stories set the basis for the book's critical focus: learning from mistakes. These investors all recovered from their missteps, and moved forward armed with a wealth of knowledge than can only come from experience. Lessons learned through failure carry a weight that no textbook can convey, and in the case of these legendary investors, informed a set of skills and strategy that propelled them to the top. Research-heavy and grounded in realism, this book is a must-read for any investor looking to maximize their chances of success. Learn the most common ways even successful investors fail Learn from the mistakes of the greats to avoid losing ground Anticipate challenges and obstacles, and develop an advance plan Exercise caution when warranted, and only take the smart risks While learning from your mistakes is always a valuable experience, learning from the mistakes of others gives you the benefit of wisdom without the consequences of experience. Big Mistakes: The Best Investors and Their Worst Investments provides an incomparable, invaluable resource for investors of all stripes.
Download or read book The Great Mental Models Volume 1 written by Shane Parrish and published by Penguin. This book was released on 2024-10-15 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.
Download or read book Your Money and Your Brain written by Jason Zweig and published by Simon and Schuster. This book was released on 2007-09-04 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the latest scientific research, Jason Zweig shows what happens in your brain when you think about money and tells investors how to take practical, simple steps to avoid common mistakes and become more successful. What happens inside our brains when we think about money? Quite a lot, actually, and some of it isn’t good for our financial health. In Your Money and Your Brain, Jason Zweig explains why smart people make stupid financial decisions—and what they can do to avoid these mistakes. Zweig, a veteran financial journalist, draws on the latest research in neuroeconomics, a fascinating new discipline that combines psychology, neuroscience, and economics to better understand financial decision making. He shows why we often misunderstand risk and why we tend to be overconfident about our investment decisions. Your Money and Your Brain offers some radical new insights into investing and shows investors how to take control of the battlefield between reason and emotion. Your Money and Your Brain is as entertaining as it is enlightening. In the course of his research, Zweig visited leading neuroscience laboratories and subjected himself to numerous experiments. He blends anecdotes from these experiences with stories about investing mistakes, including confessions of stupidity from some highly successful people. Then he draws lessons and offers original practical steps that investors can take to make wiser decisions. Anyone who has ever looked back on a financial decision and said, “How could I have been so stupid?” will benefit from reading this book.
Download or read book 12 Stupid Mistakes People Make with Their Money written by Dan Benson and published by Harper Collins. This book was released on 2004-08-11 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial advisor Dan Benson exposes the twelve biggest mistakes people make with their money and clearly demonstrates how readers can move from financial insecurity to financial freedom. Proven, practical help for negotiating the financial minefields of life. 1. Misuse of credit 2. Letting greed take control 3. Thinking of today and not tomorrow 4. Motor toys - the biggest cash drain 5. Failure to handle the "set aside" 6. Not knowing what to do with the $ 7. Not caring for the "temple" 8. Either too much or too little insurance 9. Following fads vs. staying the course 10. Lackadaisical giving 11. Letting Junior eat away your nest egg 12. Not taking advantage of tax breaks
Download or read book 51 money mistakes to avoid in your twenties written by Charlene Bezos and published by Tektime. This book was released on 2022-02-26 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This ebook gives you 51 money mistakes you can avoid making in your twenties to achieve financial freedom later in life. As an adult in your twenties, you tend to try to figure out your life’s financial future and also learn from your past mistakes to try creating a better tomorrow. In your twenties, you feel that adulthood is still new and thrilling. You have many things transpiring in your mind, such as buying a car, getting a house, and getting a paying job. All these desires make you feel like you are destined for riches very soon. It is such a wonderful time! But, although it is fun to be young, your twenties can shape or destroy your financial future. You must make great use of your time to maximize your potential, or else, you risk making costly decisions that can significantly impact your life ahead. If you are ready to build your ideal financial future properly, these are the 51 money mistakes to avoid in your twenties. 1, Failure to save for retirement: When you are in your twenties, retirement sometimes feels very far away, making you overlook it. However, failure to save for retirement is among the most frequent and significant money mistakes that you can commit. The advantage of saving money in your twenties is that you still have more time. The earlier you begin saving, the more you can benefit from compound interest rates. Besides your savings, your employer may offer you some money to help facilitate your retirement objectives through a work-sponsored retirement savings plan. An employer's contribution of only 5% of your salary amount can significantly impact the amount of money you will have upon retiring. Failure to save for retirement in your twenties will make you work for so long despite the aging factor, contribute more money for retirement later, or fail to retire. 2, The Mistake of Going into Credit Card Debt: For any twenty-year-old who earns less, unnecessary spending of lots of money on his credit card can be extremely tempting. It becomes easy for a twenty-year-old to place future financial expenses on his card to pay later. Unfortunately, many people in the twenties age bracket don't realize the extent to which debt can affect their lives. Getting yourself into a credit card debt can lead to extreme financial difficulties with time. Therefore, you should learn to respect and understand your credit to minimize the possibility of money mistakes in your twenties. Translator: Celine Claire PUBLISHER: TEKTIME
Download or read book HOW TO WIN FRIENDS INFLUENCE PEOPLE written by Dale Carnegie and published by Good Press. This book was released on 2023-11-26 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dale Carnegie's 'How to Win Friends & Influence People' is a timeless self-help classic that explores the art of building successful relationships through effective communication. Written in a straightforward and engaging style, Carnegie's book provides practical advice on how to enhance social skills, improve leadership qualities, and achieve personal and professional success. The book is a must-read for anyone looking to navigate social dynamics and connect with others in a meaningful way, making it a valuable resource in today's interconnected world. With anecdotal examples and actionable tips, Carnegie's work resonates with readers of all ages and backgrounds, making it a popular choice for personal development and growth. Carnegie's ability to distill complex social principles into simple, actionable steps sets this book apart as a timeless guide for building lasting relationships and influencing others positively. Readers will benefit from Carnegie's wisdom and insight, gaining valuable tools to navigate social interactions and achieve success in their personal and professional lives.
Download or read book How to Get Over Him and Learn from Your Mistakes written by Denician Angeleia and published by iUniverse. This book was released on 2006-05 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: You don't have to go through bad relationships to learn how to deal with them. Take it from someone whose been through the fire. This insightful self-help book will guide you into finding the strength from within to recover from an unhealthy relationship. You will recognize how important it is to love yourself and take the right steps toward self sufficiency. Only then will you be able to stop engaging with Mr. Wrong and become more attractive to Mr. Right. Key topics include being able to recognize what type of man you want, knowing how to red flag Mr. Wrong, and learning how to trust your intuition. Without God nothing is possible, but with Him all things are possible.
Download or read book Lead with a Story written by Paul Smith and published by AMACOM Div American Mgmt Assn. This book was released on 2012 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Storytelling has come of age in the business world. Today, many of the most successful companies use storytelling as a leadership tool. At Nike, all senior executives are designated "corporate storytellers." 3M banned bullet points years ago and replaced them with a process of writing "strategic narratives." Procter Gamble hired Hollywood directors to teach its executives storytelling techniques. Some forward-thinking business schools have even added storytelling courses to their management curriculum. The reason for this is simple: Stories have the ability to engage an audience the way logic and bullet points alone never could. Whether you are trying to communicate a vision, sell an idea, or inspire commitment, storytelling is a powerful business tool that can mean the difference between mediocre results and phenomenal success. Lead with a Story contains both ready-to-use stories and how-to guidance for readers looking to craft their own. Designed for a wide variety of business challenges, the book shows how narrative can help: * Define culture and values * Engender creativity and innovation * Foster collaboration and build relationships * Provide coaching and feedback * Lead change * And more Whether in a speech or a memo, communicated to one person or a thousand, storytelling is an essential skill for success. Complete with examples from companies like Kellogg's, Merrill-Lynch, Procter Gamble, National Car Rental, Wal-Mart, Pizza Hut, and more, this practical resource gives readers the guidance they need to deliver stories to stunning effect.
Download or read book 12 Huge Mistakes Parents Can Avoid written by Tim Elmore and published by Harvest House Publishers. This book was released on 2014-07-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: You’re deeply committed to helping your kids succeed. But you’re concerned—why are so many graduates unprepared to enter the workforce and face life on their own? You’re doing your best to raise healthy children, but sometimes you wonder, am I really helping them? Tim Elmore shows you how to avoid twelve critical mistakes parents unintentionally make. He outlines practical and effective parenting skills so you won’t fall into common traps, such as... making happiness a goal instead of a by-product not letting kids struggle or fight for what they believe not letting them fail or suffer consequences lying about kids’ potential—and not exploring their true potential giving them what they should earn Find out why thousands of organizations have sought out Tim Elmore to help them develop young leaders—and how you can improve your parenting skills and help your kids soar.
