When it comes to maximizing wealth, there is usually going to be a mathematically optimal solution, but that solution doesn’t always align with our human emotions.
Ben Carlson, co-host of Animal Spirits and author of A Wealth of Common Sense, joins me to talk about the variety of instances where spreadsheets and theory don’t align with human emotions and reality.
Listen now and learn:
- Why investors fail to earn the market return
- The importance of avoiding bad investments
- How personal finance best practices aren’t always the optimal choice for you
Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.