Lotteries offer lots of insight into financial behavior. One of the most interesting insights is how loss aversion drives people who rarely play to buy lottery tickets.
I’m James Cloonan, Chairman and Founder of AAII.
I wrote “A Lifetime Strategy for Investing” to help everyday investors simplify their process and make smarter financial decisions, and I very much want you to benefit from its advice.
AAII is a 501(c)(3) not-for-profit investment educator.