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The Devil's Financial Dictionary

256 pages, 2015

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Description

The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand. An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with scorpions sting.

Understanding Financial Jargon

In The Devil's Financial Dictionary, Jason Zweig breaks down complex financial jargon into simple, understandable terms. He encourages readers to explore these terms and understand their true meanings, rather than just accepting them at face value.

Questioning Financial Experts

Zweig emphasizes the importance of questioning financial experts. He suggests that readers should not blindly follow advice, but instead, research and dig deeper into the information provided. This will help them make informed decisions about their finances.

The Importance of Financial Literacy

The book highlights the importance of financial literacy. Zweig believes that understanding financial terms and concepts is crucial for managing personal finances effectively. So, take a look at this book to boost your financial literacy.

The Dangers of Financial Illusions

Zweig warns readers about the dangers of financial illusions. He explains how financial institutions often use complex terms and concepts to confuse investors. So, it's important to see through these illusions and understand the real risks involved.

The Role of Emotions in Financial Decisions

The Devil's Financial Dictionary also explores the role of emotions in financial decisions. Zweig suggests that emotions often lead to poor financial decisions. Therefore, he encourages readers to check their emotions and make rational decisions about their finances.

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