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Morgan Housel, 'The Psychology of Money' Author, joined The Final Round to discuss his latest book, his views on the difference between investment effort and investment results, and how psychology ...
The path to billionaire status. ‘If Bill Gates woke up with Oprah’s money, he’d jump out the window’: Morgan Housel reveals how a Chris Rock joke explains why people stay broke — and ...
In 2014, Collaborative Fund launched a $10 million joint investment vehicle with Line, a Japanese messaging service. [8]In 2016, Collaborative Fund partnered with Sesame Workshop to form a $10 million joint fund, Collab + Sesame, to invest in startups focused on education, health, and social welfare for children. [2]
Economists and behavioral scientists use a related term, sunk-cost fallacy, to describe the justification of increased investment of money or effort in a decision, based on the cumulative prior investment ("sunk cost") despite new evidence suggesting that the future cost of continuing the behavior outweighs the expected benefit.
of Money Kathleen D. Vohs,1* Nicole L. Mead,2 Miranda R. Goode3 Money has been said to change people’s motivation (mainly for the better) and their behavior toward others (mainly for the worse). The results of nine experiments suggest that money brings about a self-sufficient orientation in which people prefer to be free of dependency and ...
In naming Gross the Fund Manager of the Decade for fixed income in 2010, Morningstar said: "No other fund manager made more money for people than Bill Gross." [ 17 ] He was known for boosting returns in his funds partly by using complex derivatives based on stocks, bonds, loans, and currencies. [ 18 ]