How Smart People Stay Poor Their Entire Lives | Machiavelli

Описание: Most people are not losing because they lack intelligence or discipline. They are losing because they were handed an incomplete set of rules before they were old enough to question them. This video breaks down six psychological mechanisms behind how wealth is actually acquired — why you're optimizing for the wrong scoreboard, how anchoring in negotiations defeats you before you open your mouth, why proximity to capital matters more than skill, the compounding asymmetry that makes people exit exactly when they should hold, how to manufacture necessity so compensation becomes structural rather than negotiated, and the identity ceiling that stops most people at the edge of real financial change.

Drawing on Machiavelli's The Prince and Discourses on Livy, and research by Kahneman, Tversky, and Dan Kahan.

Sources and further reading:
— Niccolò Machiavelli, The Prince (1532)
— Niccolò Machiavelli, Discourses on Livy (c. 1517, pub. 1531)
— Daniel Kahneman & Amos Tversky, Prospect Theory: An Analysis of Decision under Risk, Econometrica (1979)
— Daniel Kahneman, Thinking, Fast and Slow (2011)
— Dan M. Kahan, Misconceptions, Misinformation, and the Logic of Identity-Protective Cognition, Yale Law School (2017)
— Amos Tversky & Daniel Kahneman, Judgment under Uncertainty: Heuristics and Biases, Science (1974)

#Machiavelli #DarkPsychology #MoneyMindset