MiB: Richard Thaler, Father of Behavioral Investing


This week, our Masters in Business radio podcast, we speak with Professor Richard Thaler of University of Chicago Booth School, and known as the Father of Behavioral Investing. He is perennially on the short list of potential Nobel prize recipients.

Thaler began his career in academia as an economist who asked the sort of questions that caused his advisors fits. He was fond of identifying where actual human behavior differed radically from homo economicus, the behavior of how economists theorized people behaved. Thus, a new field of economics was born.

Our conversation ranged far and wide, and Thaler’s wit and sense of delight was evident throughout.

Listen to the full podcast on iTunesSoundCloud and on Bloomberg.com. Earlier podcasts can be found on iTunes and at Bloombergview.com.

Next week, we speak with tech entrepreneur, venture capitalist and philanthropist Nick Hauer.


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