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Audio: Currency Conversion, And Why Economists Don’t Know Everything


Transparency In Currency Conversions, And How To Use A Monte Carlo Simulator
9/2/2014, 10:29 AM

A7 Radio's "Goldstein on Gelt" with Douglas Goldstein
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On the first half of this week’s Goldstein on Gelt Show,  Ari Dobner, director and CEO of Clearshift, talks about the need for transparency in currency conversions and business payments between companies in different countries.

On the second half of the show, Tim Harford, economist and best-selling author of The Undercover Economist and The Undercover Economist Strikes Back, discusses the necessity for humility and realism when giving economic advice, why economists don’t know everything, and how to use a Monte Carlo simulator when building a financial plan.







Douglas Goldstein, CFP(r) is the director of Profile Investment Services, Ltd. www.profile-financial.com an international investment company. He specializes in helping olim manage their U.S. brokerage accounts from Israel. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, SIFMA, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Doug has written several books on financial planning and investing. His latest book, Rich As A King www.RichAsAKing.com, teaches how using chess strategies can make you a grandmaster of investing is available on Amazon. The Goldstein on Gelt podcast airs every Monday from 7:00 p.m. - 8:00 p.m. on Israel National Radio. For more info visit www.goldsteinongelt.com
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