
#2 How To Think Clearly About Money
Money Minded
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The Reality of Financial Literacy
People create jargon and they create mystery around money. People don't understand what a collateralized debt instrument is. That's essentially what broke the financial markets in 2008, 2009. And by the way, there's no reason that you should know that. They've made sure that by using the words collateral debt obligation. So don't feel like, oh, I should know.
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