People That Play Different Games In Finance Deceive You

If other people's game is confused with your game, you can make decisions that are not appropriate for your goals.

  • A person who buys a house may be waiting for a price increase to sell or maybe they want to live in it.
    • This is an example of how your interpretation of reality may be misleading.
  • You have to distinguish what game you are playing.

LOK: 4. Management
RL: Psychology of money
IDEAS:
Personal finance