In his recent interview on The Meb Faber Podcast, Richard Thaler explained why investment returns are not as good as you think they are, unless they are being risk-adjusted in some way. Here’s an excerpt from the interview: Thaler: One thing, and I think this applies to any place that … Read More
Richard Thaler: Investor Overconfidence Is A Fool’s Errand
In a recent interview with Forbes, Richard Thaler discussed why overconfidence could be an investors biggest mistake. Here’s an excerpt from the interview: Let me first say that it’s not that people have gotten any smarter over the years. So, I don’t think there’s any problem that we were studying … Read More
11 Lessons On How To Overcome Behavioral Investing Traps – Richard Thaler
One of our favorite academics here at The Acquirer’s Multiple is Richard Thaler. Thaler is a Professor of Economics and Behavioral Science at the Booth School of Business, University of Chicago. The reason that we like him is he’s an expert in behavioral finance. Basically that means understanding why people make irrational financial decisions in … Read More