Central Intelligence Agency Question:

Sherman Kent was an analyst for the Central Intelligence Agency (CIA) who researched the ways people talk about estimations they make. Although his goal was to make better use of military intelligence, his research can be applied to your family’s personal financial planning. In fact, you can even use his work to help determine when it’s the right time to make an expensive purchase.
By understanding how estimates are framed and discussed, you can make better financial decisions. Estimates may be off because of the interests of the person making the assessment or how the information is presented. For example, people in general are more interested in avoiding losses than making gains.