Saturday, October 24, 2009

On why I'm glad I have the job I do

Stephen Dubner, from his Freakonomics blog, points to a study showing my generation to be financially illiterate.

Through my peer-reviewed, purely anecdotal data, this seems to be correct.  It's partly because thinking rationally about finance is not intuitive.  Even worse, the math involved makes it a hassle for someone trying to compute it correctly.

I remember through my training class for securities licenses, many of us had difficulty with the concepts involved. 

If the people who did this for a living had difficulty, what can it be like for the rest of the population?

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