Professor Richard Thaler, University of Chicago - When Somebody Would Fire Us, It Was Almost Always At Exactly The Wrong Time | #337
The Meb Faber Show - Better Investing
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The Biggest Investment You're Ever Going to Make
We can't solve the problem through education. That's why we have to solve it with choice architecture. Smart disclosure would be making everything machinery. Every aspect of every mortgage was available in a machine readable forat then you could go to an on line mortgage supplier who could shop for you in an intelligent way. Any eighth grader can find the cheapest flight between chicago and new york, but even a chChicago mba will have trouble finding the best mortgage. There's no reason why we can't make shopping for a mortgage as easy as shopping for a plainten we just have to make the data of them. And that kind of leads into a little bit about this topic of the
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