4min chapter

Patrick Boyle On Finance cover image

How Good is Popular Personal Financial Advice?

Patrick Boyle On Finance

CHAPTER

The Differences Between Popular Financial Advice and Academic Advice

Choi analyzed the advice on things like optimal savings rates, strategies for dealing with debt and asset allocation. Choi found more differences than similarities between popular financial advice and that given by academics. He says it may still make sense for people to follow such advice if they take into account constraints faced by regular people.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode