Why Smart People Do Dumb Things : Lessons from the New Science of Behavioral Economics

Rating:
Summary: Must read for aspiring executives
Review: I have spent my entire career on Wall Street and have witnessed first hand a lot of the pitfalls outlined in this book. It is easy to see it in others, but how can you stop doing it yourself? How do you keep yourself from doing dumb things especially when the more success you have, the less people are honest with you?

I highly recommend this book for aspiring executives and entrepreneurs, just to make sure that they stay humble and avoid some of the traps on the road to success. The book shocked me because it clearly provides examples of past presidents, celebrities, and business executives and then outlines step by step how and why they blew it.

The first half of the book had me wondering if it was too late for me, a president of a growing software company. But the second half of the book is full of recomendations and survival tips that are insightful and applicable. I make sure that anyone around me who aspires to any leadership position reads this book.

Rating:
Summary: Must read for aspiring executives
Review: I have spent my entire career on Wall Street and have witnessed first hand a lot of the pitfalls outlined in this book. It is easy to see it in others, but how can you stop doing it yourself? How do you keep yourself from doing dumb things especially when the more success you have, the less people are honest with you?

I highly recommend this book for aspiring executives and entrepreneurs, just to make sure that they stay humble and avoid some of the traps on the road to success. The book shocked me because it clearly provides examples of past presidents, celebrities, and business executives and then outlines step by step how and why they blew it.

The first half of the book had me wondering if it was too late for me, a president of a growing software company. But the second half of the book is full of recomendations and survival tips that are insightful and applicable. I make sure that anyone around me who aspires to any leadership position reads this book.