From empirical research, we’ve learned a great deal recently about how our brains are hardwired to do things that aren’t always in our best economic interests. If that weren’t bad enough, it turns out that the brains of the experts who advise foundations on investing aren’t necessarily wired better than ours.
Awareness of these human foibles can help foundations make better investment decisions and avoid costly mistakes.
What subjective factors are standing in the way of your returns?
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