Glassman Wealth is a full-service, fee-only fiduciary providing highly personalized investment advice, financial planning, and wealth management. With one of the lowest client-to-advisor ratios in the industry, Glassman Wealth’s team of engaged, innovative advisors has the time to focus on each client’s unique needs and goals and dreams. This personalized and sophisticated approach enables Glassman Wealth to serve each client as their dedicated financial steward, helping them not simply to achieve their financial goals, but to realize their dreams.
We have had Michael Lewis’s book Boomerang sitting on our bookshelf for a while now, but his newest book has stolen our attention.
The Undoing Project is about the Nobel Prize winning work done forty years ago by two Israeli Psychologists that completely changed our understanding of human behavior and behavioral finance. Our decision-making skills in uncertain situations follow patterns of irrationality; our minds are consistently fooling us and being led astray by the “gut instinct” and intuition, which can be hazardous to your wealth. Lewis is kind enough to offer some of the steps we can take to avoid being fooled, at least some of the time.