The Many Ways Our Irrational Minds Sabotage Our Wealth | Dan Ariely, Behavioral Economist
Wealthion - Be Financially Resilient
Introduction
Dan Arele is the James B. Duke professor of psychology and behavioral economics at Duke University. He helps us understand how flawed decision making we make impacts the markets, the economy and our financial destinies. Dan: It's really a part of our human nature and overriding them is not easy.
When it comes to money, because it's so quantifiable, you'd expect people to make very rational decisions.
But they don't. Because we're humans, we're more driven by our evolutionary wiring and our emotions. We make "predictably irrational" decisions, as today's guest expert would say.
Dan Ariely is the James B. Duke Professor of Psychology and Behavioral Economics at Duke University and a founding member of the Center for Advanced Hindsight.
I've been looking forward for a long time to having him on the program to help us understand how the flawed decision-making we make impacts the markets, the economy & our financial destinies.
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