The Power of Stories
People create narratives to understand the world, but these narratives are often based on limited information and personal biases, leading to flawed financial decisions. Daniel Kahneman: "Hindsight, the ability to explain the past, gives us the illusion that the world is understandable. It gives us the illusion that the world makes sense, even when it doesn’t make sense. That’s a big deal in producing mistakes in many fields."
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This book underscores the importance of recognizing the price of success and avoiding extreme financial decisions to achieve long-term financial well-being and independence
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