Is it really human nature to believe what we're told at first pass, but then start to doubt after the conversation ends? Should we be more doubtful from the get-go? Today we welcome to the basement two men who want to share how to avoid getting sucked into false promises, hoodwinked by snake oil salesmen, and bamboozled by smooth-talking neighbors who have a sweet El Camino: Doctors Daniel Simons and Christopher Chabris.
In today's headline, we question the legitimacy of the advice given by a more off-the-beaten-path new source. This gives us a chance to put our critical hats on and have a larger discussion about vetting your news sources, how to spot red flags that raise eyebrows, and a few telltale signs that the piece was, at least in part, probably written by ChatGPT.
We throw out the Haven Lifeline to Lucas who wants our take on how to correctly calculate the tax basis on shares of stock that were purchased at a discount through an employee stock purchase plan ("ESPP"). And Doug has some explosive trivia!
FULL SHOW NOTES: https://www.stackingbenjamins.com/deception-code-Daniel-Simons-and-Christopher-Chabris-1381
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Doug and the Three Ghosts
Retirement Has Been Cancelled (SB1449)
7 Ways Rich People Think Differently About Money (with Vivian Tu) SB1448
Launch Your Money Rocket (SB1447)
How Do You Explain Good Money Habits to Newbies?
How to Achieve Challenging and Unlikely Goals with Astronaut Mike Massimino (SB1445)
Your Order of Operations For Better Leadership (SB1444)
Top 10 Financial Mistakes (SB1443)
Navigating Important Conversations, Small Talk, and Holiday Parties (SB1442)
Tiffany Aliche Shares a BIG Money Hack and a Sad Money Truth (SB1441)
Top 5 Board Games about Money and Business With Candice Harris from BoardGameGeek (SB1440)
Our 2023 Hot (and not) Tech Guide (SB1439)
Save Big Money on Holiday Gifts (SB1438)
Top 5 Ways To Get Rich (SB1437)
Stop Chasing Shortcuts and Bet on Yourself (with BiggerPockets' David Greene) SB 1436
Investing In An Election Year (Special Episode - SB1435)
Four Strategies to Transform Your Workplace Performance into Brilliance (with Andrew McAfee): SB1431
What If The Market Collapses? (REWIND SB1433)
How Personal is “Personal” Finance? (REWIND SB1432)
Saving Distressed Neighborhoods Through Responsible Real Estate Investing
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Innovation in Compliance with Tom Fox
Kate’s Take
The Shameless Mom Academy: Motherhood, Motivation, and Mindset Tips for Busy Moms
HORSES IN THE MORNING
Wise Traditions