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Richard Thaler Quotes: If people just put away what's left at the end of the month, that's a recipe for failure.
         

If people just put away what's left at the end of the month, that's a recipe for failure.


Richard Thaler
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"Richard Thaler Quotes." Quoteslyfe.com, 2024. Mon. 29 Apr. 2024. <https://www.quoteslyfe.com/quote/If-people-just-put-away-what-s-997882>.





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Other quotes of Richard Thaler


When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.

When an economist says the evidence is "mixed," he or she means that theory says one thing and data says the opposite.



My mantra is if you want to help people accomplish some goal, make it easy.

My mantra is if you want to help people accomplish some goal, make it easy.



There's no reason to think that markets always drive people to what's good for them.

There's no reason to think that markets always drive people to what's good for them.



People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.

People exaggerate their own skills. they are optimistic about their prospects and overconfident about their guesses, including which managers to pick.



Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.

Recall that people like to do what most people think it is right to do; recall too that people like to do what most people actually do.



The lesson from behavioral economics is that people only save if it's automatic.

The lesson from behavioral economics is that people only save if it's automatic.



So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.

So, what's a nudge? A nudge is some small feature of the environment that attracts our attention and alters our behavior.



Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.

Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy a good car but pay too much for it.



A good rule of thumb is to assume that everything matters.

A good rule of thumb is to assume that everything matters.



There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.

There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action.





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On the shores of tranquility, meet me between now and again.

On the shores of tranquility, meet me between now and again.



The Truth Shall Make Ye Fret. [Fred. Free.]

The Truth Shall Make Ye Fret. [Fred. Free.]



How I win over you is “with modulation of words that i use, winning is not the argument but peace of mind. You may call it diplomatic, guess what? I don't care !

How I win over you is “with modulation of words that i use, winning is not the argument but peace of mind. You may call it diplomatic, guess what? I don't care !



For me, going away to work is the hardest part of my life and career.

For me, going away to work is the hardest part of my life and career.



I thought Colin Powell did a fine job as secretary of state.

I thought Colin Powell did a fine job as secretary of state.



A story in Asimov's is read by hundreds of thousands of people.

A story in Asimov's is read by hundreds of thousands of people.



I paint things as they are. I don't comment. I record.

I paint things as they are. I don't comment. I record.



I do read, but not as much as I'd like to. I take five books at once and just scan through them.

I do read, but not as much as I'd like to. I take five books at once and just scan through them.



Sometimes, you get the bear. Sometimes, the bear gets you.

Sometimes, you get the bear. Sometimes, the bear gets you.



Economy is in itself a great source of revenue.

Economy is in itself a great source of revenue.




Quote Description


This page presents the quote "If people just put away what's left at the end of the month, that's a recipe for failure.". Author of this quote is Richard Thaler. This quote is about failure, left, months, people, recipes,.