Bullshift How Optimism Bias Threatens Your Finances [Audiobook]

Free Download Bullshift: How Optimism Bias Threatens Your Finances (Audiobook)
English | ASIN: B0CQ126HHT | 2024 | 6 hours and 53 minutes | M4B@128 kbps | 371 MB
Author: John J. De Goey
Narrator: Justin Price
In Bullshift, John J. De Goey explores the hidden relationship between bias and financial markets. He makes clear that investors and financial advisers are not the rational decision makers that economic theory assumes them to be, and that "tried and true" investment advice is not always sound. De Goey shows that advisers are immersed in a culture of Bullshift-they simply don't realize how their positive outlook on markets is based on industry-wide groupthink. Unfortunately, this problem affects much more than just your own investment portfolio. After three years of an international pandemic, the full economic impact of the response to it still hasn't been felt. There's more pain coming, but the financial industry's eternal optimism, abetted by government policies designed to consistently encourage growth and avoid tough choices, is walking us toward a cliff for the global economy.