How to Use Behavioral Finance in Asset Management, Part I
Over the decades, I have consumed the entire canon of Behavioral Finance, from Ariely to Kahneman to Thaler to Shiller and back. The...
Never Tempt the Market Gods…
@TBPInvictus here: Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing. — Donald J. Trump...
Behavioral Summit 2018
I am attending (and presenting) at the Behavioral Summit 2018 (agenda) this week, part of a Conjunction of Conferences, with...
Explaining the Correction, with Perfect Hindsight
The Stock-Market Meltdown That Everyone Saw Coming At least they saw it coming with the benefit of hindsight. The reality is, the...
Investing based on how you vote is still a terrible idea
Trump’s Election Shows How Much Investors Have to Learn Investing based on how you vote is still a terrible idea. Bloomberg, October 3,...
BBRG: Trump’s Election Shows How Much Investors Have to Learn
Trump’s Election Shows How Much Investors Have to Learn Investing based on how you vote is still a terrible idea. Bloomberg, October 3,...
Is Loss Aversion a Fallacy? (No)
A Challenge to the Biggest Idea in Behavioral Finance Two professors make an interesting argument, but the theory of loss aversion...
Is Loss Aversion a Fallacy?
There is a fascinating discussion in Scientific American: “Why the Most Important Idea in Behavioral Decision-Making Is a Fallacy.”...
The World Is Hard…
Richard Thaler: “People Aren’t Dumb. The World Is Hard.” Audio All of our prior conversations with Thaler can...