Richard Thaler

  • 01 Nov
    Are You Saving Enough? Probably Not, Here’s How You Can

    Are You Saving Enough? Probably Not, Here’s How You Can

    • Today, I’ll discuss Thaler’s Save More Tomorrow concept and the behavioral issues that impact how much we save and invest.
    • Secondly, I’ll dig into how much someone is supposed to save and invest to reach a future target.
    • I’ll conclude with this question: are you saving/investing enough?



    Introduction

    Yesterday, we discussed Nobel prize winner professor Richard Thaler’s findings in the field of behavioral finance.

    Thaler’s findings can really help us to lower our investment risks and increasing our returns. However, investing isn’t only about picking the right stock or properly timing a trade, it’s also about carefully allocating our capital in investing in the first place, thus saving for investing. More →

  • 31 Oct
    Asking Yourself These 7 Questions Will Make You A Better Investor

    Asking Yourself These 7 Questions Will Make You A Better Investor

    • Today, we’ll look into Richard Thaler’s work to find out how to take advantage of behavioral finance.
    • Taking advantage goes hand-in-hand with not making behavioral mistakes.
    • A few examples and 7 questions will give you plenty of food for thought.



    Introduction

    The recent Nobel prize in economics was awarded to Richard Thaler from the Chicago Booth School of Business for exploring the biases and cognitive shortcuts that impact how people absorb and process information. More →