THE PSYCHOLOGY OF MONEY - Commented Book
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Why You Shouldn't Be Rational About Your Investments
In 2008, Yale researchers argued young savers should supercharge their retirement accounts using two-to-one margin. The math works on paper, but it's almost absurdly unreasonable for a normal person to carry on with the strategy undeterred. There is in fact a rational reason to favor what look like irrational decisions.
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