Money and Brain
Want to keep a tighter grip on YOUR hard-earned money? Check out this review of INSIDE THE INVESTOR'S BRAIN by Richard L. Peterson. This book is full of important content, and today we'll do a mini review of Chapter 16. Peterson argues that the difficulty people have in delaying pleasure is a result of time discounting. We have a disproportionate preference for immediate and imminent rewards. The pursuit of immediate gains can lead investors to abandon long-term investment plans. Please watch for more critical information!
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