How to Make Financial Decisions
- Extra Reading
Individuals and businesses make financial decisions all the time – whether to go to university, buy a house, build a factory, or train one’s workforce. All these decisions involve spending certain money now for uncertain benefits in the future.
This lecture will provide a simple framework for deciding whether or not to take an investment. It will also highlight the mistakes that people frequently make when taking financial decisions, and simple ways to avoid them.
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