Behavioral economics has been a forgotten field of study until recently, contends Richard Thaler, a winner of the Nobel Prize in Economic Sciences and professor at the University of Chicago…
Tag: Richard Thaler
Thaler Warns to Sell Losers Before 2019
In a recent interview with Barron’s, behavioral economist and Nobel Laureate Richard Thaler said that although investors should sell their losing stocks at year-end, they resist doing so. Thaler said,…
Can Behavioral Economics Be a Channel to Profits?
Psychological biases lead to market overreaction and underreaction, and it can be difficult to discern which is happening at any given point, according to a recent article in Bloomberg. “For…
Richard Thaler's Influence on Investors
Richard Thaler, who was just awarded a Nobel Prize in Economics, “upended how people think about financial markets, helping found the field of behavioral finance,” according to an article in…
Four Thaler-Inspired Takeaways Investors Can Learn From
By John P. Reese — It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it…
Podcasts of the Week: Pysh, Arnott & Thaler
By Jack Forehand — With so many great investing podcasts out there, it can be difficult to identify the best ones. Through our new Podcasts of the Week segment, I…
The Investor as a Storyteller
By John P. Reese — The celebrated author Mark Twain said, “It’s not what you don’t know that kills you, it’s what you know for sure that ain’t true.” Twain’s…
Behavioral Finance is Alive and Well
An article in last month’s MorningstarAdvisor provides a “brief tour through the history of behavioral finance” and offers some insights as to what might lie ahead. “Behavioral finance as a…
Thaler On What Investors Can Learn From The NFL Draft
Richard Thaler is known for his pioneering research in the field of behavioral finance, and in a recent piece for Institutional Investor, Thaler explains how investors and NFL general managers…
Behavior Finance Pioneer on Efficient Markets, Bubbles
Richard Thaler, the researcher whose work has brought such key behavioral finance issues as myopic loss aversion to light, says recent events have shown markets are not efficient, but that…