Money Mindset-Identify your decision flavors
Since cognitive biases are leading indicators of financial outcomes, being aware of them is key, particularly if, for example, you want to ensure that your stock investments pay off. Once you identify your cognitive biases, behavioral addictions and decision flavors, you can do something about them to create wealth for yourself. So, identify your decision flavor addictions and then focus on managing them to create wealth.
[ 2013/4/25 ]