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Episode 258: Prof. Meir Statman: Financial Decisions for Normal People

The Rational Reminder Podcast

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The Importance of Financial Literacy

Think that if investors are educated and by educated I don't mean financial literacy in the sense that is usually measured. If people have true financial literacy such as I describe why index funds are superior then they're going to make wiser decisions, he says. It sounds like it's another case of the understanding the difference between errors and wants yeah.

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