Jan 24, 2019

Your brain is making you poorer, says Morgan Housel writing for the Motley Fool. Good investing requires research that has no bias, focused purely on the numbers. Good research requires using your brain to be objective and to allow the facts to overrule your opinions. But behavioral psychologists say that when you are doing research on your own from sources like Google, you haven’t got a chance.  Why? Brain scientists tell us we come hardwired with at least 15 mental biases that cause us to misinterpret information inaccurately,  ending up in poor decisions...decisions that cost you money!  Today, we’ll review a number of these biases and what you can do to protect yourself from your worst enemy! You don't want to miss today's show...MASTERING MONEY is on the air...