Meir Statman on Behavioral Investing

(Bloomberg View) -- This week on our Masters in Business radio podcast, we sit down with Meir Statman, finance professor at Santa Clara University and author of numerous books on the behavioral aspects of investing, including "What Investors Really Want: Know What Drives Investor Behavior and How to Make Smarter Financial Decisions" and the recently published, "Finance for Normal People: How Investors and Markets Behave."

He was one of the early researchers into behavioral economics, especially how it applied to investors. Statman discusses the wild “overreaction” to his earliest papers on the topic; some readers even threatened to boycott the finance journal that published his research. Since then, the field has not only become accepted, his research and papers on behavioral economics have won numerous awards.

SoundCloud: Interview With Meir Statman: Masters in Business (Audio) by Bloomberg View

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Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”

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