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Quick takeaways
- Money and investing are linked to human behavior, which can be understood by studying fields like psychology, sociology, and biology.
- By exploring concepts from diverse fields, individuals can gain a broader perspective and make more informed choices in their personal and professional lives.
Deep dives
Money and investing are behavioral topics
Money and investing are not solely about finance and economics but are inherently linked to human behavior. By studying fields like psychology, sociology, history, politics, biology, and more, one can gain valuable insights into how people make decisions and understand important concepts such as risk, greed, fear, uncertainty, and scarcity. Recognizing that money is a behavioral topic allows for a deeper understanding of its dynamics and can lead to smarter and more informed investments.
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Listen to the best highlights from the podcasts you love and dive into the full episode