I’m not Jewish but I have found sound much value in subscribing to this podcast. This is episode was especially insightful and I’m grateful for the content you guys are sharing. Thank u.
Wow, Naftali Horowitz is simply the best I feel privileged to listen to his teachings and one of the best episodes ever! Thank you so very much Indeed!
I listen to all of Naftali’s video 20+ times - every time I learned something new! I’ve only found about 5 videos on CZcams of him speaking - would love more. keep teaching!!!
I know it would be probably hard and near impossible for Naftali to have a podcast channel or make more CZcams videos due to all the work he does at JP Morgan Chase but it's always amazing to watch and hear him speak.
Yes he is a great teacher. He dispels are the myths about money decisions. I would like for Kosher money to sponsor a trip to Israel every 2 years with Shalom Tours so everyone can meet up.🎉🎉🎉❤❤❤
This man and the teachings of the Torah have been a blessing to me. I purchased his book and it’s helped me improve many areas of my life. I can’t wait to sit down and watch the entire video.
Shalom to you all brothers and sisters. Mr Naftali is the real deal and I can attest and relate to everything he said. I have learned to hard way but over the years my mindset about the value of money vs time completely shifted. And until you get that Ahah moment the easiest and simplest things to do are oftern the hardest things to do however all worth it at the end. Good luck to you all and God bless. Shalom
Let's assume the cost of the ball is represented by "x" in dollars. According to the given information, the bat is $1.00 more expensive than the ball. So, the cost of the bat would be "x + $1.00". Together, the bat and the ball cost $1.10. Therefore, we can set up the equation: x + (x + $1.00) = $1.10 Simplifying the equation: 2x + $1.00 = $1.10 Subtracting $1.00 from both sides: 2x = $0.10 Dividing both sides by 2: x = $0.05 Hence, the ball costs $0.05.
0:14: 🧠 The speaker realized that studying finance did not prepare them for the irrational behavior of investors and decided to learn about behavioral finance. 6:53: 😮 Our perception can be easily biased, leading to incorrect judgments and decisions. 14:24: 🤔 Representation bias is a common cognitive bias that influences decision-making based on what is visually represented or perceived. 22:08: 💰 The concept of mental accounting and how people make decisions based on different scenarios involving money. 29:26: 💰 Mental accounting affects people's decision-making when it comes to spending money and investing. 35:59: 😳 People often make irrational decisions when it comes to money, prioritizing emotions over logic. 42:26: 💡 Regret plays a significant role in investment decisions, causing people to avoid taking action and leading to missed opportunities. 49:07: 📊 Anchoring effect can lead to biased decision-making based on irrelevant numbers. 55:12: ✅ The speaker discusses cognitive biases that can affect financial decision-making. 1:01:39: 📢 The host thanks sponsors and promotes their products, asks for feedback, and mentions upcoming episodes in Israel. Recap by Tammy AI
Anchoring has a big effect on people salaries. Often when asking for a raise or changing jobs we ask for an amount based on what we are currently making instead of asking for as much as we think we can get.
I would like to express my heartfelt gratitude to your channel and for the opportunity to listen to Naftali Horowitz for his captivating and enlightening presentation. Thank you for sharing your wisdom.
Great insight..and actually frightening how gullible the human being can be. But, knowing and being aware of our faults can help us overcome them. These ideas and concepts can be applied to many area of life. The ending about "regret" was one of the strongest messages. Fear really is the only thing to fear...and then walk through. Continued Yeshar Koach for your excellent and I mean EXCELLENT work!
Thank the algorithms this was recommended to me. Been binge spending since a death in the family. Advice I needed to hear, even if it wasn’t all the advice I needed to hear.
Thank you for always sharing valuable insight on money Naftali and LL team. I watch videos and support those who can build bridges and understanding in humanity now vs further divide. Let’s respect each other’s views and beliefs. We share ~99% DNA incl with all life. Namaste 🙏
To make a long lesson short and to the point, don’t buy single stocks! Buy all in one ETF’s that are covered separately such as jepi, HYLD, svol and fire 🔥 your broker!
Thank you, For Sharing This Amazing and, Intellectually Behavioral of Financial Literacy very much impress with your Teaching Brother, Thank you Kosher Money., Blessings and, Great Health., to everyone at Kosher Money.
Presenting something as a bargain to trick you into buying something is a very easy to spot trick. It is because it’s a well and commonly known sales technique.
Hey I got the ball and bat one right (I skipped the second one) using algebra. But only because I figured it was a trick question. Haven't done algebra in ages. As for the video, it's old news but vital. Not sure it has practical application however, since people don't easily change their minds.
One day after video in the morning I realised that I used the similar sign of mental laziness for my interview process. I never realised there such thing exist, and it was still possible to get thru but only by people who love the work and know approaches well. This is such novel information for me. Unknown unknown. Thank you for sharing this video.
Im a 44 year old trucker for Costco in NJ and Ive been really focusing on building my cash reserves and spending less. When it comes to money, I am scared of it more than I have ever been, since I've built up more than I've ever had before. Fear of losing it and having to start over. I actually deal with fear in many aspects of my life that prevents me from taking any risk at all.
Regarding the Heloc check, I can see why someone would pull the money to have it liquid and pay a "low" interest rate when the bank can close the HELOC anytime.
I had a flooring store, when there were things that wouldn't sell, I would mark it up then put it on sale back to its original price and it would fly out the door. It always amazed me.
the shares question i actually do this and i don t care if it goes up or down , if it goes up my existing holding goes up , if it goes down i could potentially buy them back cheaper, either way i have lowered my risk
Lol, I actually chose 5 cents for the first question for the ball and bat but didn't work out the math and then switched to the wrong answer, ten cents.
![How Did The Wealthy Gain Power In The Past? - Yuval Noah Harari [2015] | Intelligence Squared](http://i.ytimg.com/vi/TYAKHLrr51w/mqdefault.jpg)
I’m not Jewish but I have found sound much value in subscribing to this podcast. This is episode was especially insightful and I’m grateful for the content you guys are sharing. Thank u.
So much value !
Impactful
we need more of Naftali. May Allah bless him and bless you all for sharing knowledge
the words of wisdom from Mr.Horowitz outshines any financial gurus out there!
Wow, Naftali Horowitz is simply the best I feel privileged to listen to his teachings and one of the best episodes ever! Thank you so very much Indeed!
The field of behavioral economics is fascinating. Great talk.
I love how he gets more "Brooklyn" as the program progresses! Blessings to Naftali and thank you for sharing your wisdom!
I listen to all of Naftali’s video 20+ times - every time I learned something new! I’ve only found about 5 videos on CZcams of him speaking - would love more. keep teaching!!!
I know it would be probably hard and near impossible for Naftali to have a podcast channel or make more CZcams videos due to all the work he does at JP Morgan Chase but it's always amazing to watch and hear him speak.
Naftali is such a great teacher. I love listening to him
Yes he is a great teacher. He dispels are the myths about money decisions. I would like for Kosher money to sponsor a trip to Israel every 2 years with Shalom Tours so everyone can meet up.🎉🎉🎉❤❤❤
This man and the teachings of the Torah have been a blessing to me. I purchased his book and it’s helped me improve many areas of my life. I can’t wait to sit down and watch the entire video.
So did I .
May I ask what book? I would love to read it.
What his book ?
Absolutely brilliant!!! I can’t get enough of his teachings!!!
Shalom to you all brothers and sisters. Mr Naftali is the real deal and I can attest and relate to everything he said. I have learned to hard way but over the years my mindset about the value of money vs time completely shifted. And until you get that Ahah moment the easiest and simplest things to do are oftern the hardest things to do however all worth it at the end. Good luck to you all and God bless. Shalom
Let's assume the cost of the ball is represented by "x" in dollars.
According to the given information, the bat is $1.00 more expensive than the ball. So, the cost of the bat would be "x + $1.00".
Together, the bat and the ball cost $1.10. Therefore, we can set up the equation:
x + (x + $1.00) = $1.10
Simplifying the equation:
2x + $1.00 = $1.10
Subtracting $1.00 from both sides:
2x = $0.10
Dividing both sides by 2:
x = $0.05
Hence, the ball costs $0.05.
Love listening to naftali. This ìs one of the best talks I've heard.😊wish I was younger! Thanks Naftali. Andrea.
0:14: 🧠 The speaker realized that studying finance did not prepare them for the irrational behavior of investors and decided to learn about behavioral finance.
6:53: 😮 Our perception can be easily biased, leading to incorrect judgments and decisions.
14:24: 🤔 Representation bias is a common cognitive bias that influences decision-making based on what is visually represented or perceived.
22:08: 💰 The concept of mental accounting and how people make decisions based on different scenarios involving money.
29:26: 💰 Mental accounting affects people's decision-making when it comes to spending money and investing.
35:59: 😳 People often make irrational decisions when it comes to money, prioritizing emotions over logic.
42:26: 💡 Regret plays a significant role in investment decisions, causing people to avoid taking action and leading to missed opportunities.
49:07: 📊 Anchoring effect can lead to biased decision-making based on irrelevant numbers.
55:12: ✅ The speaker discusses cognitive biases that can affect financial decision-making.
1:01:39: 📢 The host thanks sponsors and promotes their products, asks for feedback, and mentions upcoming episodes in Israel.
Recap by Tammy AI
Very good work 👏
You’re the best!
Thanks
Anchoring has a big effect on people salaries. Often when asking for a raise or changing jobs we ask for an amount based on what we are currently making instead of asking for as much as we think we can get.
I enjoy learning from my Jewish brothers. Very insightful.
Naftali thank you for your guidance. We appreciate you greatly!
It's amazing how well Naftali Horowitz teaches Torah at the same time as teaching finance! thank you Living L'chaim❤
I would like to express my heartfelt gratitude to your channel and for the opportunity to listen to Naftali Horowitz for his captivating and enlightening presentation. Thank you for sharing your wisdom.
GREAT video, Naftali is a legend indeed. I learned so much from this episode, thank you for all your hard work!!!
I would like to buy the speaker’s book. Such a great speaker and common sense advisor.
Great insight..and actually frightening how gullible the human being can be. But, knowing and being aware of our faults can help us overcome them. These ideas and concepts can be applied to many area of life. The ending about "regret" was one of the strongest messages. Fear really is the only thing to fear...and then walk through. Continued Yeshar Koach for your excellent and I mean EXCELLENT work!
very similar to a book called "how to lie with statistics"
Love the presentation! Mr. Naftali is my favorite presenter on this channel. He is always very insightful and candid.
You all are awesome and I always learn so much from Neftali. I appreciate you for bringing this to us
success comes down how you think
This is the best speech on money that I have ever heard.
Amen for the blessings. Thank you, Rabbi. Impactful!
Thank the algorithms this was recommended to me. Been binge spending since a death in the family. Advice I needed to hear, even if it wasn’t all the advice I needed to hear.
Thank you for always sharing valuable insight on money Naftali and LL team. I watch videos and support those who can build bridges and understanding in humanity now vs further divide. Let’s respect each other’s views and beliefs. We share ~99% DNA incl with all life. Namaste 🙏
I am glad I found this video.. Thanks a bunch..
Love listening to this man talk money
To make a long lesson short and to the point, don’t buy single stocks! Buy all in one ETF’s that are covered separately such as jepi, HYLD, svol and fire 🔥 your broker!
Big mistake
Impactful!!
Yup best advice for 95% of investors, but makes very little sense to those who actually understands how to value an asset.
Thanks
@@couldbe8348😊😊😊
Thank you, For Sharing This Amazing and, Intellectually Behavioral of Financial Literacy very much impress with your Teaching Brother, Thank you Kosher Money., Blessings and, Great Health., to everyone at Kosher Money.
I stop and listen anytime I see his videos. Thank you
Always with new strong points getting better every time. Thank you so much
Presenting something as a bargain to trick you into buying something is a very easy to spot trick. It is because it’s a well and commonly known sales technique.
Impactful. Psychology of money is very important
Give thanks for this brother, as a young man he definitely helps put things into perspective for me. May YHWH bless and keep him.
This channel, and Rabbi Naftali Horowitz, are treasures. Thank you.
Glad you brought back the video, l have been looking for it
Man.... this is awesome. I have thought in my head nearly all of these money mantras/beliefs. It's crazy. A mind melt.
Listen to naftali is always learning and Unlearning all i know about investing ❤
Thanks for everything! Wish you all the best.
Hey I got the ball and bat one right (I skipped the second one) using algebra. But only because I figured it was a trick question. Haven't done algebra in ages. As for the video, it's old news but vital. Not sure it has practical application however, since people don't easily change their minds.
One day after video in the morning I realised that I used the similar sign of mental laziness for my interview process. I never realised there such thing exist, and it was still possible to get thru but only by people who love the work and know approaches well. This is such novel information for me. Unknown unknown. Thank you for sharing this video.
A lot of the examples here are from Daniel Kahneman's Thinking Fast and Slow, in case anyone wants to go deeper into the topic.
Always good to hear Mr Horowitz. 👍
Impactful! Thank you for this enlightening episode!!! Keep up the great content!
Thank you!
Im a 44 year old trucker for Costco in NJ and Ive been really focusing on building my cash reserves and spending less. When it comes to money, I am scared of it more than I have ever been, since I've built up more than I've ever had before. Fear of losing it and having to start over. I actually deal with fear in many aspects of my life that prevents me from taking any risk at all.
Some videos deserve a 'double thumbs-up' option.
Wait just a minute! Did I just find someone telling true facts about money on CZcams? Good stuff.
Naftali Horowitz is an amazing speaker. His lecture’s truly make me think.
This is all from the book thinking fast and slow. Great book
Regarding the Heloc check, I can see why someone would pull the money to have it liquid and pay a "low" interest rate when the bank can close the HELOC anytime.
Incredibly useful speech, thanks for sharing this.
Impactful, such a great presentation, I just could not stop listening. I was shocked and my eyes are open again Thank you
Very Helpfull speech by Mr. Horowtz!!!
Impactful. Thanks!
Impactful. Thanks for bringing Naftali Horowitz back
Outstanding presentation with valuable content. I learn much and intend to watch again. Thank you!
Thank you very much for sharing.
So much knowledge and wisdom from Naftali, thank you for sharing. God bless!
I'm not jewish and I started investing for first time because of kosher money podcast
Outstanding , eyeopening and excelent Thank you .
I listened to him first time on Kosher Money. I never knew his name until today. So so glad for the content. So good!😊
I wish he would create a recommended reading list.
We got you!
www.livinglchaim.com/general-5
Great list
The truth in this has offended me but also inspired a change of thought. This was good my boy!
I’m still lost on the ball costing 5 cents I’ve always been good at math but it just doesn’t add up.
($1+x)+x=$1.10;
2x= $1.10-$1
2x=$0.1
Divide by 2; x=$0.05
Impactful! Thanks guys
That deserved a Standing Ovation from the crowd it was so impactful!
I feel as i have read one of the books of Dan Ariely. Amazing!
Thank you for sharing. Information is more impactful because it's given in a speech rather than in written form.... for most of us.
He is the best money advisor so far
😂😂 the anchor really got me there! 😂😂
Very great presentation, thank you so much!
Impactful and insightful!
Thank you for all your knowledge Mark
Great advice
Lastly thanks Eli,youre invaluable
Great lecture. Thank you.
Impactable !!!
Thank you for availing this knowledge 🇰🇪
Impactful 👍💪
Impactful. Excellent content
Impacful. Thank you very much
Impactful. What I don’t know that I don’t know.
I had a flooring store, when there were things that wouldn't sell, I would mark it up then put it on sale back to its original price and it would fly out the door. It always amazed me.
My thanks. Carry on!
Very interesting talk. Well done!
Wonderful video 🙏🙏🙏
Truly IMPACTFUL
Impactful ❤
I needed this! Thank you :)
the shares question i actually do this and i don t care if it goes up or down , if it goes up my existing holding goes up , if it goes down i could potentially buy them back cheaper, either way i have lowered my risk
Impactful! 🔥🔥🔥
This is pure gold🔥🔥🔥
Impactful!
Lol, I actually chose 5 cents for the first question for the ball and bat but didn't work out the math and then switched to the wrong answer, ten cents.