A Quote by Sheena Iyengar

People will make worse financial decisions for them if they're choosing from a lot of options than if they're choosing from a few options. If they have more options they're more likely to avoid stocks and put all their money in money market accounts, which doesn't even grow at the rate of inflation.

Sheena Iyengar

Quote Topics

Accounts Avoid Choosing Decisions Even Few Financial Grow Inflation Likely Lot Make Market Money More Options People Put Rate Stocks Than Them Which Will Worse

Quote Author

Sheena Iyengar
American - Educator
Born: November 29, 1969

Also if they choose from more options than fewer options they're less satisfied with what they choose and that is true whether they're choosing chocolates or which job offer to accept.

Sheena Iyengar

There's nothing wrong with options. Options are everywhere. In movies, in sports. Options is not a dirty word. I need to pay my overheads, you know. I invest a lot of money developing a fighter and then I deserve to reap the rewards.

Don King

We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?

Nassim Nicholas Taleb

People were actually 6 times more likely to buy a jar of jam if they had encountered 6 than if they encountered 24, so what we learned from this study was that while people were more attracted to having more options, that's what sort of got them in the door or got them to think about jam, when it came to choosing time they were actually less likely to make a choice if they had more to choose from than if they had fewer to choose from.

Sheena Iyengar

If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.

Michael Hudson

What he's really talking about - and I'm speaking for Mike Flynn, not Donald Trump - is that he's saying, essentially, we have to have options. We have to have a lot of options. And, frankly, we do. We do have a lot of options.

Michael T. Flynn

Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.

Suze Orman

When people are given a moderate number of options (4 to 6) rather than a large number (20 to 30), they are more likely to make a choice, are more confident in their decisions, and are happier with what they choose.

Sheena Iyengar

A lot goes in my mind while choosing a role. Choosing unconventional roles is not a conscious decision. I choose the most exciting and challenging role from the options I have.

Radhika Apte

If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.

Peter Lynch

Each person must decide for himself what he wants each day. As a leader, I will expose you to the options and the likely consequences of those options. I'll even share my opinion if asked, but I'll never confuse it with the opinion, which simply doesn't exist.

Wayne Dyer

The most valuable insight I have made about how people make decisions is that when they become skilled they don't have to make decisions - choices between options. Instead, they can draw on experience and the patterns they have acquired to recognize what to do, ignoring other options. This is the basis of the Recognition-Primed Decision (RPD) model my colleagues and I described thirty years ago.

Gary A. Klein

Successful trading depends on the 3M`s - Mind, Method and Money. Beginners focus on analysis, but professionals operate in a three dimensional space. They are aware of trading psychology their own feelings and the mass psychology of the markets. Each trader needs to have a method for choosing specific stocks, options or futures as well as firm rules for pulling the trigger - deciding when to buy and sell. Money refers to how you manage your trading capital.

Alexander Elder

We're going to have a lot of different options. Right now you have no options. You know why? Because the insurance company controlled Obama because they gave him a lot of money. That's why you have lines around the states. And you can't get competitive bidding.