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Other money-saving possibilities include drawing down savings to pay off more.
Richard H. Thaler • Nudge: The Final Edition
when purchasing insurance, choose the largest deductible available.
Richard H. Thaler • Nudge: The Final Edition
Value is subjective, which means uncertainty governs all economic phenomena.
Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
Frugal living, compound interest, and the 4 percent rule are powerful combinations.8
Andrew Hallam • Millionaire Teacher
incentives are scrambled together into a narrative that works for you.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Another way of measuring time allocation and actual behavior is to look at what Sam Altman, former head of venture capital firm Y Combinator (YC), describes as speed of response.
Tyler Cowen • Talent: How to Identify Energizers, Creatives, and Winners Around the World
even economists have trouble equating opportunity costs with out-of-pocket costs.
Richard H. Thaler • Misbehaving: The Making of Behavioral Economics
Here’s how Yale is allocating its inflation hedging assets—a total of 20 percent of its assets are geared toward protecting against unexpected inflation: