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Jonathan Clements - "If Money Can Buy Happiness, Then Why Doesn't It?" "Because People Don't Spend It Right." | #19

The Meb Faber Show - Better Investing

CHAPTER

Striving in Retirement and Avoiding Common Investment Mistakes

The chapter emphasizes the natural inclination to strive in retirement and the significance of prioritizing experiences over material possessions. It discusses common investment mistakes individuals make, such as overconsumption, overconfidence, and loss aversion, providing a three-pronged solution to becoming a better investor. The chapter also touches on the importance of global diversification in investment portfolios and offers insights into retirement planning with a total return approach.

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