YouTube - Shlomo Benartzi - Leading Authority on Behavioural Finance: "Professor Shlomo Benartzi is a leading authority on behavioural finance with special interests in retirement planning, investor behaviour and behavioural wealth management."
His discussion is just an introduction but he definitely hits some good points. For instance, I know I am guilty of not refinancing nearly enough. And how many of us know someone who buys items based on "how much he can afford" based off of payments etc. Or anyone who buys lottery tickets regularly.
Take away? We all are susceptible to these behavioral biases.
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