This chapter honors Daniel Kahneman's contributions to understanding how humans make financial decisions, analyzing key economic data such as job reports, inflation, and significant industry developments. It delves into the impact of psychological biases on rationality in economics, especially in light of recent events like Capra One's acquisition of Discover and the National Association of Realtors Settlement.
#497: Princeton Professor Daniel Kahneman never took an economics class. But he won the 2002 Nobel Prize in economics, thanks to his advancements in understanding the psychology of money.
In today’s episode, we pay homage to the late Dr. Kahneman, who passed away on March 27 at age 90. We also discuss the jobs report, inflation data, the booming stock market, the next Bitcoin halving, Capital One’s acquisition of Discover, and the National Association of Realtors settlement.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode497
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