How can behavioral finance improve your investment strategies?

Today on Framework, Jeremy Schwartz, Global Chief Investment Officer at WisdomTree Asset Management, joins Ana Trujillo Limón, Director, Coaching and Advisor Content, for a conversation about behavioral finance in investment strategies. 

Jeremy reflects on his path to becoming a CIO, influenced by his father and a natural affinity for finance. Together they discuss Jeremy's research collaborations, such as with Dr. Siegel on "Future for Investors," and the potential of AI in investing. Jeremy also shares information on investment philosophy, including Warren Buffett's 20-punch card rule, and recommends useful behavioral finance readings. Their conversation further examines market dynamics, the equity risk premium, and the historical inflation protection provided by stocks, contrasting their performance with bond yields. 

Jeremy discusses: 

• His journey to becoming the Global Chief Investment Officer at WisdomTree Asset Management
• Importance of behavioral finance in investment strategies
• The value of academic research and expert insights in crafting robust portfolios and advising clients
• AI’s impact on the investment industry
• Significance of Warren Buffett's investment philosophy and the 20 punch card rule
• Some recommended readings for behavioral finance
• And more

Resources:

• Mary Bell Carlson, Ph.D., CFP®, AFC®: Emotional Intelligence & Client Relationships
• Julie Ragatz, Ph.D.: Behavioral Finance Theory & Decision Making
• Daniel Crosby, Ph.D.: Money’s Role in The Meaning of Life
• Mary Bell Carlson, Ph.D., CFP®, AFC®: Emotional Intelligence & Client Relationships
• Stocks for the Long Run
• Future for Investors
• Behind the Markets Podcast 

Connect with Ana Trujillo Limón: 

• Carson Group LLC
• LinkedIn: Ana Trujillo Limón

Connect with Jeremy Schwartz:

• WisdomTree Asset Management
• LinkedIn: Jeremy Schwartz

About our Guest: 

Jeremy Schwartz has been the Global Chief Investment Officer at WisdomTree Asset Management since November 2021 and leads WisdomTree’s investment strategy team in the construction of WisdomTree’s equity Indices, quantitative active strategies, and multi-asset Model Portfolios. Jeremy joined WisdomTree in May 2005 as a Senior Analyst, adding Deputy Director of Research to his responsibilities in February 2007. He served as Director of Research from October 2008 to October 2018 and as Global Head of Research from November 2018 to November 2021. Before joining WisdomTree, he was a head research assistant for Professor Jeremy Siegel and, in 2022, became his co-author on the sixth edition of the book Stocks for the Long Run. Jeremy is also co-author of the Financial Analysts Journal paper “What Happened to the Original Stocks in the S&P 500?” He received his B.S. in economics from The Wharton School of the University of Pennsylvania and hosts the Wharton Business Radio program Behind the Markets on SiriusXM 132. Jeremy is a member of the CFA Society of Philadelphia.

Send us your questions, we’d love to hear from you! Email us at [email protected].