Back & Forth with Blue Ridge Wealth

Behavioral Finance (Ep. 13)


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Today John Vandergriff and Zach Hill go back and forth on behavioral finance and confirmation bias.--------This episode's notes:Behavioral Finance/Economics is a new field, founded by Daniel Kahneman and Amos Tversky; Kahneman won the Nobel Prize for Econ in 2002; Richard Thaler, won Nobel Prize in 2017, for continuing their research.Example of this study is auto-enrollment in 401k plans. Thaler found that one behavioral bias was to anchor to things how they were. So when participants are aut...
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Back & Forth with Blue Ridge WealthBy Blue Ridge Wealth Planners

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