How our spending should be based on opportunity costs in terms of the value we get from what we buy compared to other ways we could spend our money. In this episode you’ll learn: Show Notes Dollars and Sense: How We Misthink Money and How to Spend Smarter by Dan Ariely and Jeff Kreisler The Berenstain Bears' Dollars and Sense Dollars & Sense: A Kid's Guide to Using--Not Losing--Money by Elaine Scott and David Clark Dollars and Sense: Ten Fundamentals of Financial … [Read more...]
145: People Like Us Invest Like This
Our view of the world dictates how we should and should not invest. In this episode you'll learn: Show Notes Uncertainty - Lawrence M. Krauss - Edge Regression To the Mean - James J. O'Donnell - Edge Excerpts from Seth Klarman's 2016 year end letter to his clients as quoted in the New York Times Messy: The Power of Disorder To Transform Our Lives - Tim Harford Seth Godin Course on Presenting To Persuade Ultra-Easy Money: Digging The Hole Deeper? - William R. … [Read more...]
