Tuesday, September 25, 2007

Smart Money Decisions, by Bazerman

One interesting point in this book is how people tend to be optimistic, believing their futures will be better and brighter than others, and how as an investor, optimistic illusions, such as that you got a "good deal" on a car when you didn't, prevents any learning process occurring which would ordinarily promote learning from a mistake.

Another interesting point is that business books in foreign countries on negotiating with Americans stress how impatient we are, how unwilling to wait, and that to win with Americans you just need to stall.

Moo!

1 Comments:

Blogger raydenzel1 said...

miss moo
has varied tastes. interesting.

3:52 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home