BEHAVIORAL FINANCE, RICHARD THALER AND INVESTING

02Nov2017November 2, 2017

BEHAVIORAL FINANCE, RICHARD THALER AND INVESTING

Richard Thaler just received the Nobel prize for this contribution to economics, financial market analysis and irrational decision making. I analyze Thaler’s concepts: the endowment effect, anchoring, hyperbolic discounting, mental accounting, misplacing, price targets and ask you 7 questions during the video that can really help you it seeing your behavioral mistakes and perhaps avoid them. If you are not irrational, then you will see how to take advantage of the irrational behavior of others on financial markets.

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Author

Jacob Wolinsky

Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and three kids in Passaic NJ. - Email: jacob(at)valuewalk.com FD: I do not purchase any equities to avoid conflict of interest and any insider information. I have a few existing holdings from years ago, but mostly mutual funds and some ETFs. I also own 2.5 grams of Gold

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