Rikki Racela

Incredible review of behavioral biases

Revisado: 10-17-23

The book fantastically and succinctly summarizes all behavioral biases that torpedo your finances, as well as ways to identify and mitigate them. The only downside was the encouragement of active management. When evidence overwhelmingly suggests passive investing, is the best way to go for investors. Excellent job and excellent book to help you conquer your behavioral biases when it comes to money.

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Wonderful summary

Revisado: 02-17-23

Every major bubble and mania well narrated in a single volume. Absolutely intriguing! Well researched told in a story like manner.

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Profundity

Revisado: 01-18-23

This should be absolutely required reading for anybody that wants to invest before making mistakes and wondering why they keep making them. However, it is also applicable to non-financial aspects of decision-making and highly insightful. This book will seriously change how you perceive your decisions and explain why you make them, and why they are not always entirely rational, but have had reasons to provide evolutionary advantage for survival.

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Great primer on financial knowledge

Revisado: 01-09-23

Definitely love this book as a primer for people who want to learn a little bit of what they have to do to gain financial knowledge and plan to prepare for saving and investing for retirement. you get the basic knowledge of finances including investing in low-cost index funds and bonds depending on one’s risk tolerance. An awesome primer for the uninitiated!

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Great content, poor reader

Revisado: 11-25-19

Unfortunately the reader of this book was very poor and would put anybody to sleep. However the content of the book is fantastic. Unfortunately I think the great content is lost in the readers sleepy type tone as well as it seemed at times he himself was falling asleep and also was struggling to read even the words. I would not recommend this book given the reader and would probably choose a different audio version with a better reader.

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esto le resultó útil a 14 personas

The Bible for physician finance

Revisado: 04-24-19

This book has changed my life from a financial perspective, and after reading has already in a few short months saved me thousands of dollars from dumping my whole life insurance and financial adviser to investing wisely in my retirement and brokerage accounts. A must read for docs and should be part of medical school and residency training!

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