Morgan Housel on Economic Forecasts, Resolutions, and Writing
Motley Fool Money
00:00
Navigating New Year’s Financial Resolutions
This chapter addresses the challenges individuals face when setting ambitious financial goals for the New Year, often leading to feelings of failure. It emphasizes the importance of understanding past financial behaviors and the cultural obsession with predictions, particularly regarding economic trends and demographic shifts. The speakers also highlight the implications of changing demographics on personal finance and investment strategies, suggesting a nuanced approach to goal-setting and economic forecasting.
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