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...excerpt from Mo Lidsky's latest book, Partners in Preservation Financial education may sound simple, and you may take it as a given that financial literacy is helpful in supporting better investment decisions. And it is. But the story is a bit more nuanced. Research seems to indicate that financial education has negligible—if any—impact on investors. In a survey of 168 papers, covering 201 studies, even large educational interventions proved to have limited effect over tim