Doing well with money isn't necessarily about what you know. It's about how you behave. And behaviour is hard to teach, even to really smart people. Listen to PEO Leadership's The Way Forward Live Webcast 's conversation with Morgan Housel, award winning columnist, financial behaviour expert and author of The Psychology of Money.
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.
During this interactive and live session, you should expect to learn the following:
- Getting Wealthy vs. Staying Wealthy - Good investing is not necessarily about making good decisions. It's about consistently not screwing up.
- The importance of Room for Error - The most important part of every plan is planning on your plan not going according to plan.
- It's all about Freedom - Controlling your time is the highest dividend money pays.
- Tails, You Win - You can be wrong half the time and still make a fortune.
- Nothing's Free - Everything has a price, but not all prices appear on labels.
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