In Case You Missed It... We make sense of the world around us primarily through our experience - what we've been exposed to, our interactions, our perceptions and the stories we hear. In other words, we are biased by what's available to us - what Daniel Kahneman and Amos Tversky call the availability heuristic. And when it comes to money, the availability heuristic can lead us to make poor decisions that cost us dearly. Discover Dr. Joel F. Wade's full analysis right here. |
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