The Behavior Gap

The Behavior Gap

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  • Author: Carl Richards
  • Publisher: Penguin
  • ISBN: 1101559551
  • Category : Business & Economics
  • Languages : en
  • Pages : 240

"It's not that we're dumb. We're wired to avoid pain and pursue pleasure and security. It feels right to sell when everyone around us is scared and buy when everyone feels great. It may feel right-but it's not rational." -From The Behavior Gap Why do we lose money? It's easy to blame the economy or the financial markets-but the real trouble lies in the decisions we make. As a financial planner, Carl Richards grew frustrated watching people he cared about make the same mistakes over and over. They were letting emotion get in the way of smart financial decisions. He named this phenomenon-the distance between what we should do and what we actually do-"the behavior gap." Using simple drawings to explain the gap, he found that once people understood it, they started doing much better. Richards's way with words and images has attracted a loyal following to his blog posts for The New York Times, appearances on National Public Radio, and his columns and lectures. His book will teach you how to rethink all kinds of situations where your perfectly natural instincts (for safety or success) can cost you money and peace of mind. He'll help you to: • Avoid the tendency to buy high and sell low; • Avoid the pitfalls of generic financial advice; • Invest all of your assets-time and energy as well as savings-more wisely; • Quit spending money and time on things that don't matter; • Identify your real financial goals; • Start meaningful conversations about money; • Simplify your financial life; • Stop losing money! It's never too late to make a fresh financial start. As Richards writes: "We've all made mistakes, but now it's time to give yourself permission to review those mistakes, identify your personal behavior gaps, and make a plan to avoid them in the future. The goal isn't to make the 'perfect' decision about money every time, but to do the best we can and move forward. Most of the time, that's enough."


The One-Page Financial Plan

The One-Page Financial Plan

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  • Author: Carl Richards
  • Publisher: Portfolio
  • ISBN: 1591847559
  • Category : Business & Economics
  • Languages : en
  • Pages : 226

Intends to remove the complexity from investing by encouraging readers to identify deeply personal goals and to use a series of steps to help set up and attain a workable, meaningful financial plan.


The Character Gap

The Character Gap

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  • Author: Christian B. Miller
  • Publisher: Oxford University Press
  • ISBN: 0190264225
  • Category : Philosophy
  • Languages : en
  • Pages : 297

We like to think of ourselves, our friends, and our families as pretty decent people. We may not be saints, but we are basically good, fairly honest, relatively kind, and mostly trustworthy. 0One of the central themes of 'The Character Gap' is that we are badly mistaken in thinking this way. In recent years, hundreds of psychological studies have been done which tell a rather different story. We have serious character flaws that prevent us from being good people, many of which we do not even recognize in ourselves. Does this mean that instead we are wretched people, vicious, cruel or hateful? Christian Miller does not argue that this is necessarily the case either.


The Knowing-doing Gap

The Knowing-doing Gap

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  • Author: Jeffrey Pfeffer
  • Publisher: Harvard Business Press
  • ISBN: 9781578511242
  • Category : Business & Economics
  • Languages : en
  • Pages : 348

The market for business knowledge is booming as companies looking to improve their performance pour millions of pounds into training programmes, consultants, and executive education. Why then, are there so many gaps between what firms know they should do and waht they actual do? This volume confronts the challenge of turning knowledge about how to improve performance into actions that produce measurable results. The authors identify the causes of this gap and explain how to close it.


How I Invest My Money

How I Invest My Money

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  • Author: Brian Portnoy
  • Publisher: Harriman House Limited
  • ISBN: 0857198092
  • Category : Business & Economics
  • Languages : en
  • Pages : 200

The world of investing normally sees experts telling us the 'right' way to manage our money. How often do these experts pull back the curtain and tell us how they invest their own money? Never. How I Invest My Money changes that. In this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. In this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the 'how' and the 'why' of their investments. They share stories about their childhood, their families, the struggles they face and the aspirations they hold. Sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. Taken as a whole, these essays powerfully demonstrate that there is no single 'right' way to save, spend, and invest. We see a kaleidoscope of perspectives on stocks, bonds, real assets, funds, charity, and other means of achieving the life one desires. With engaging illustrations throughout by Carl Richards, How I Invest My Money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life. With contributions from: Morgan Housel, Christine Benz, Brian Portnoy, Joshua Brown, Bob Seawright, Carolyn McClanahan, Tyrone Ross, Dasarte Yarnway, Nina O'Neal, Debbie Freeman, Shirl Penney, Ted Seides, Ashby Daniels, Blair duQuesnay, Leighann Miko, Perth Tolle, Josh Rogers, Jenny Harrington, Mike Underhill, Dan Egan, Howard Lindzon, Ryan Krueger, Lazetta Rainey Braxton, Rita Cheng, Alex Chalekian


The Gun Gap

The Gun Gap

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  • Author: Mark R. Joslyn
  • Publisher: Oxford University Press, USA
  • ISBN: 019006482X
  • Category : Political Science
  • Languages : en
  • Pages : 241

"To understand public opinion and political behavior, researchers typically sort people by self-identified groupings such as party identification, race, gender, education and income. This book advances gun owners as a new classification. It demonstrates a "gun gap", which captures the differences between gun owners and non-gun owners, and shows how this gap improves conventional models of political behavior. The gun gap in fact represents an important explanation for voter choice, voter turnout, perceptions of personal and public safety, preferences for gun control policies, and support for the death penalty. Moreover, the gun gap is growing. During the 1970s and 1980s, the gap was small. However, legislative battles over guns in the early 1990s marked a significant growth in the gun gap that continues to this day. The 2016 presidential election witnessed the largest recorded gun gap in history. The gun gap in voter choice was nearly three times larger in 2016 than the gender gap, and exceeded age and education gaps by notable margins. This book also focuses on variation among gun owners. Gun owners are not a monolith but exhibit attitudinal and behavioral differences that can be as large as the gap between gun and non-gun owners. The gun gap thus affords a new and compelling vantage point to evaluate modern mass politics"--


Values and Behavior

Values and Behavior

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  • Author: Sonia Roccas
  • Publisher: Springer
  • ISBN: 3319563521
  • Category : Psychology
  • Languages : en
  • Pages : 255

What are values? How are they different from attitudes, traits, and specific goals? How do our values influence our behavior, and vice versa? How does our culture and environment impact the relationship between values and behavior? These questions and more are rigorously examined by prominent and emerging scholars in this significant volume Values and Behavior: Taking A Cross Cultural Perspective. Personal values are cognitive representations of abstract, desirable motivational goals that guide the way individuals select actions, evaluate people and events, and explain their actions and evaluations. The unique features of values have implications for their impact on behavior. People are highly satisfied with their values and perceive them as close to their ideal selves. At the same time, however, daily interpersonal interaction reveals that individuals hold different, sometimes opposing, value profiles. These individual differences are even more apparent when individuals from different cultures interact. The collected chapters address the links between values and behavior from a cultural perspective. They review studies conducted in various cultures and discuss culture as a moderator of the relationships between values and behavior. Structurally, part I of the volume discusses what values are and how they should be measure; part II then examines the contents of the relationships between values and behavior in different life-domains, including prosocial behavior, aggression, behavior in organizations and relationships formation. Part III explores some of the moderating mechanisms that relate values to behavior. Taken together, these chapters review and synthesize over twenty years of research on values and behavior, and propose new insights that have important implications for both research and for practice.


Forbidden Knowledge

Forbidden Knowledge

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  • Author: Stephen R. Donaldson
  • Publisher: Spectra
  • ISBN: 0307755657
  • Category : Fiction
  • Languages : en
  • Pages : 560

Author of The Chronicles Of Thomas Covenant, one of the most acclaimed fantasy series of all time, master storyteller Stephen R. Donaldson retums with the second book in his long-awaited new science fiction series--a story about dark passions, perilous alliances, and dubious heroism set in a stunningly imagined future. Beautiful, brilliant, and dangerous, Morn Hyland is an ex-police officer for the United Mining Companies--and the target of two ruthless, powerful men. One is the charismatic ore-pirate Nick Succorso, who sees Morn as booty wrested from his vicious rival, Angus Thermopyle. thermopyle once made the mistake of underestimating Morn and now he's about to pay the ultimate price. Both men think they can possess her, but Morn is no one's trophy--and no one's pawn. Meanwhile, withing the borders of Forbidden Space, wait the Amnioin, an alien race capable of horrific atrocities. The Amnion want something unspeakable from humanity--and they will go to unthinkable lengths to get it. In Forbidden Knowledge, Stephen R. Donaldson spins a galaxy-wide web of intrigue, deception, and betrayal that tightens with inexorable strength around characters and readers alike.


Think, Act, and Invest Like Warren Buffett (PB)

Think, Act, and Invest Like Warren Buffett (PB)

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  • Author: Larry Swedroe
  • Publisher: McGraw Hill Professional
  • ISBN: 0071833277
  • Category : Business & Economics
  • Languages : en
  • Pages : 160

Bedrock investing principles for profiting in today’s shaky markets If you wanted to create the next earth-shattering consumer product, Steve Jobs would be an ideal role model to follow. If you planned to become a great golfer, you might look to Arnold Palmer or Jack Nicklaus. So, if your goals were to outperform other investors and achieve your life’s financial goals, what should you do? Think, act and invest like the best investor out there: Warren Buffett. While you can’t invest exactly like he does, Think, Act, and Invest Like Warren Buffett provides a solid, sensible investing approach based on Buffett’s advice regarding investment strategies. When it comes to investing, Director of Research for the BAM Alliance and CBS News blogger Larry Swedroe has pretty much seen it all—and he’s come to the conclusion that simple is better, that adopting basic investing principles always increases an investor’s chance of success and that Buffett is the perfect model for such investing. In Think, Act, and Invest Like Warren Buffett, Swedroe provides the foundational knowledge you need to: Develop a financial plan to help you make rational decisions on a consistent basis Determine the level of risk that’s right for you and allocate your assets accordingly Create a strong portfolio that will weather any economic storm Manage your portfolio—rebalance periodically to maintain proper risk levels The beauty of the Buffett approach is its profound simplicity: follow the basics, keep your cool, and have a sense of humor. The market volatility of recent years has ushered in armies of economists, forecasters and other so-called experts whose job it is to explain how everything works. Somehow, they have managed to muddy the waters even more. The truth is, investing is easier than you think—even in today’s economy. “Complex problems can have simple solutions,” Swedroe writes. Think, Act, and Invest Like Warren Buffett helps you go back to the basics—so you can leap in front of the investing pack. Praise for Think, Act, and Invest Like Warren Buffett: “You could not spend a more profitable hour than reading Larry Swedroe’s wise and lucid investment guide.” —Burton Malkiel, author, A Random Walk Down Wall Street “If you've been wondering why you've had such a hard time investing well, Playing the Winner's Game will diagnose your ills and treat them in just ninety short, delightful pages.” —William Bernstein, author, A Splendid Exchange and The Investor’s Manifesto “Follow the investment strategy advocated by Larry Swedroe, and free yourself to spend your time on life's treasures—like your family and friends!” —William Reichenstein, professor, Baylor University “As someone who teaches a college investments course, I would not have thought it possible to do what Swedroe has done in such a short concise book.” —Edward R. Wolfe, professor of finance, Western Kentucky University “It's amazing. Larry Swedroe managed to pen a magnificent book not only chock full of actionable advice, but one that's fun to read. Get a copy and treat yourself to a better financial future.” —Harold Evensky, president, Evensky & Katz “Larry Swedroe is the undisputed expert in helping investors manage portfolios the smart way. His new book, Playing the Winner’s Game, combines all facets of wealth management in an inspiring and powerful manner.” —Bill Schultheis, author, The New Coffeehouse Investor


The Anger Gap

The Anger Gap

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  • Author: Davin L. Phoenix
  • Publisher: Cambridge University Press
  • ISBN: 1316999661
  • Category : Political Science
  • Languages : en
  • Pages : 303

Anger is a powerful mobilizing force in American politics on both sides of the political aisle, but does it motivate all groups equally? This book offers a new conceptualization of anger as a political resource that mobilizes black and white Americans differentially to exacerbate political inequality. Drawing on survey data from the last forty years, experiments, and rhetoric analysis, Phoenix finds that - from Reagan to Trump - black Americans register significantly less anger than their white counterparts and that anger (in contrast to pride) has a weaker mobilizing effect on their political participation. The book examines both the causes of this and the consequences. Pointing to black Americans' tempered expectations of politics and the stigmas associated with black anger, it shows how race and lived experience moderate the emergence of emotions and their impact on behavior. The book makes multiple theoretical contributions and offers important practical insights for political strategy.