You’re not losing money because of the market. You’re losing it because of your own head.
Most people think they lose because of crises, inflation, or “bad times.” In reality, money disappears in the moments when you’re scared, when everyone around you is buying and you’re afraid of missing the rally, and when you sell at the bottom because your nerves gave out.
Nobel laureate Robert Shiller at Yale breaks down exactly this: how emotions, panic, and herd instinct destroy investments. And why even smart people keep stepping on the same rake over and over.
After this lecture, you’ll start spotting your own financial traps before they have a chance to cost you money.
The lecture is 1 hour 18 minutes. Free. Right now.
THIS LECTURE COSTS YALE STUDENTS THOUSANDS OF DOLLARS. YOU CAN WATCH IT FOR FREE BEFORE IT IS TAKEN DOWN.
Robert Shiller, a Nobel laureate in economics and professor at Yale University, breaks down something that standard finance courses never teach: how money works toward a public goal, not just for the owner.
Schools, hospitals, cities, pensions. All of this relies on financial mechanisms that most people don’t even notice. Shiller demonstrates why two identical companies can end up with one being profitable and the other unprofitable, how a city's operating budget differs from its capital budget, and why municipal bonds are tax-exempt. He also explains the origins of progressive taxes, pensions, and insurance for the loss of a breadwinner or disability.
No fluff, no complex formulas—just pure logic.
This is a lecture from the Financial Markets course (ECON 252), which Yale students pay a fortune for. Only a rare few watch it to the end. Don’t be among those who find out about this when it’s already too late. Watch the lecture and save this post so you don’t lose it.
@Lumenwick Exactly. Tax exemptions on munis are a legal compromise: wealthy investors get a tax haven, and cities get cheap money to fix roads, bridges, and hospitals. Everyone wins (except the IRS)