Dr. John Deloney

Why then is it so hard for people to change their financial behavior even when they know what to do? If money is mostly behavior as opposed to knowledge, why do smart people go broke? Why do people struggle to change if they've got the tactics in front of them?

Believe as in I can do this thing as opposed to believe in the strategy?

Believe as in I can do this thing as opposed to believe in the strategy?

Believe as in I can do this thing as opposed to believe in the strategy?

It's psychologically superior, right?

It's psychologically superior, right?

It's psychologically superior, right?

That's the difference. Look, I've had a number of conversations. Richard Dawkins was one of the people that I had this conversation with. And... I tried to explain to him why trying to force people either out of faith or into whatever worldview it is that he wanted through raw, what he would consider rationality,

That's the difference. Look, I've had a number of conversations. Richard Dawkins was one of the people that I had this conversation with. And... I tried to explain to him why trying to force people either out of faith or into whatever worldview it is that he wanted through raw, what he would consider rationality,

That's the difference. Look, I've had a number of conversations. Richard Dawkins was one of the people that I had this conversation with. And... I tried to explain to him why trying to force people either out of faith or into whatever worldview it is that he wanted through raw, what he would consider rationality,

is fundamentally uncompelling because what you're telling people to do is to deny the thing that's most real to them, which is story, narrative, persona, legend, archetype, and rely on the thing which is most unreal to them, which is statistic, probability, We have no sense of that. And I think that you have, I really appreciate the first I learned about your debt snowball.

is fundamentally uncompelling because what you're telling people to do is to deny the thing that's most real to them, which is story, narrative, persona, legend, archetype, and rely on the thing which is most unreal to them, which is statistic, probability, We have no sense of that. And I think that you have, I really appreciate the first I learned about your debt snowball.

is fundamentally uncompelling because what you're telling people to do is to deny the thing that's most real to them, which is story, narrative, persona, legend, archetype, and rely on the thing which is most unreal to them, which is statistic, probability, We have no sense of that. And I think that you have, I really appreciate the first I learned about your debt snowball.

You're right, mathematically, in raw spreadsheet terms, mathematically suboptimal. But as soon as you fold the complexity of a human and our motivation system into it, it makes way more sense.

You're right, mathematically, in raw spreadsheet terms, mathematically suboptimal. But as soon as you fold the complexity of a human and our motivation system into it, it makes way more sense.

You're right, mathematically, in raw spreadsheet terms, mathematically suboptimal. But as soon as you fold the complexity of a human and our motivation system into it, it makes way more sense.

Yeah. Things are going to be hard, but you can do hard things the hard way or hard things the easy way.

Yeah. Things are going to be hard, but you can do hard things the hard way or hard things the easy way.

Yeah. Things are going to be hard, but you can do hard things the hard way or hard things the easy way.

Yeah, he does. He does, among many other things. What about people who sort of self-sabotage their wealth once they achieve it? You know, somebody's finally reached something approximating escape velocity and stuff's comfortable. What have you found from all of the people that you've spoken to, your studies? Why do people end up tumbling back down?