behavioral finance

“All of the pitfalls of behavioral finance and the study about why people make predictable but irrational decisions when it comes to equities, so much has to do with equities in a relatively near term. And then over a relatively longer term, if you're right on …”

“They might want to implement some of these insights from behavioral finance, but unless you control the technology, it's very hard for you to do that.”

“And so you can read about behavioral finance as an example, but you'll still make all the same mistakes everybody else made. You just have to Figure out how to get a little bit better because your brain is wired in a certain way and you're going to make simila…”

“The point I try to stress is that it's not clear to me that those little things actually manifest in markets, right? Because They can cancel out, essentially. So the market is really, you're not competing. It's not me, Michael versus Ted. It's really Ted versu…”

“People are now talking about behavioral finance so much, and a lot of them are relatively new to it. They almost want to start looking as if there's definitely going to be a bias here. You're biased to find a bias, and so that's something I think we all have t…”

“Our thinking and our thinking remains that this is the next phase of behavioral finance. And what we think of as like the nudges of personal finance, we're going the next step. Which is to bring a bunch of extrinsic motivators, gains, variable rewards, into th…”