Cognitive Decline and Failure to Take Free Money

Posted on February 15th, 2011 by admin in Behavioral Finance, Demographics, Investing

Read the interview of Prof. David Laibson of Harvard’s Economics Department. He talks about how people literally and willfully fail to take free money and other behavioral misjudgments they make. He also discusses a really big problem for those over 70: half have various forms of dementia and other types of cognitive declines resulting in mismanagement of their money.

Consider yourself warned!

Cognitive decline and failure to take free money

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