Understanding human nature is essential for financial wellbeing from "summary" of The Geometry of Wealth by Brian Portnoy
To achieve financial wellbeing, you must first understand human nature. This might seem like a tall order, given the complexity of human behavior and the unpredictability of financial markets. But the truth is, without a deep understanding of human nature, it's nearly impossible to make sound financial decisions. Human nature is a complex and multifaceted thing. It's influenced by a wide range of factors, including our upbringing, our social environment, and our innate psychological traits. And when it comes to money, human nature can be particularly tricky to navigate. We all have our own unique relationship with money, shaped by our past experiences and our deeply held beliefs. But despite this complexity, there are certain universal truths about human nature that can help us make better financial decisions. For example, we know that humans have a tendency to be overcon...
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