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Making Money
S4E3: How even facts can mislead you with money - Finance Professor Alex Edmans
Jul 15, 2024
Finance Professor Alex Edmans discusses how even facts can mislead you with money. Topics include navigating misinformation in finance, social media bias, pitfalls of data mining in investments, balancing data and intuition in decision-making, diversified cryptocurrency investment, and investing with a slow and informed approach.
01:06:24
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Quick takeaways
- Financial education at the workplace can improve personal finance understanding and long-term financial impact for employees.
- Misinformation in finance can be deceptive, caution is needed to avoid misconceptions from seemingly true information.
Deep dives
Promoting Financial Literacy in the Workplace
Financial expert proposes offering financial guidance and coaching to employees in businesses to improve their personal finance understanding. Providing bespoke content and support from financial advisors can increase employee engagement with workplace pensions and have a long-term financial impact. Recognizing the need for better personal finance knowledge among professionals.
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