Reading Level
What is the reading level of Why Smart People Make Dumb Mistakes with Their Money?
Analysing the books in the series, we estimate that the reading level of Why Smart People Make Dumb Mistakes with Their Money is 8th and 9th grade.
Expert Readability Tests for
Why Smart People Make Dumb Mistakes with Their Money
| Readability Test | Reading Level |
|---|---|
| Flesch Kincaid Scale | Grade 8 |
| SMOG Index | Grade 10 |
| Coleman Liau Index | Grade 9 |
| Dale Chall Readability Score | Grade 7 |
Reading Time
2 hrs 24 mins
How long to read Why Smart People Make Dumb Mistakes with Their Money?
The estimated word count of Why Smart People Make Dumb Mistakes with Their Money is 35,805 words.
A person reading at the average speed of 250 words/min, will finish the book in 2 hrs 24 mins. At a slower speed of 150 words/min, they will finish it in 3 hrs 59 mins. At a faster speed of 450 words/min, they will finish it in 1 hrs 20 mins.
| Why Smart People Make Dumb Mistakes with Their Money - 35,805 words | ||
|---|---|---|
| Reading Speed | Time to Read | |
| Slow | 150 words/min | 3 hrs 59 mins |
| Average | 250 words/min | 2 hrs 24 mins |
| Fast | 450 words/min | 1 hrs 20 mins |
- Authors
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Kerry Johnson MBA Ph.D.
More about Why Smart People Make Dumb Mistakes with Their Money
35,805 words
Word Count
for Why Smart People Make Dumb Mistakes with Their Money
3 hours and 51 minutes
Audiobook length
Description
Why do investors constantly chase returns? Why do they buy mediocre investments that underperform the indexes? Why do they leave their money in investments that lose money yet are unwilling to sell until they increase in value? If you can understand your own behavior with money, you will become a much better investor and earn returns that will last your whole life. Now Kerry Johnson explains why investors (possibly your clients) make such poor decisions with their money. You will learn: * How overconfidence bias creates poor investment decisions. * How the endowment effect stops you from selling bad investments. * How sunk cost fallacy causes you to own investments until they are worthless. * How status quo bias makes change more difficult. * How framing and anchoring motivates you to spend more. * The seven steps in picking an outstanding financial advisor. * The five critical concepts in creating a successful portfolio. Kerry L. Johnson, MBA, Ph.D. , America's Business Psychologist, is a bestselling author and internationally sought after speaker with an upbeat, entertaining style, much like his writing. He travels 8,000 miles each week speaking around the world, and also heads a personal coaching company, Peak Performance Coaching.