Today on the podcast, we welcome back Meir Statman. Meir is the Glenn Klimek Professor of Finance at Santa Clara University. Meir’s latest book is A Wealth of Well-Being: A Holistic Approach to Behavioral Finance. Other books include Behavioral Finance: The Second Generation, What Investors Really Want, and Finance for Normal People. Meir’s research has also been published in the Journal of Finance, the Financial Analyst Journal, the Journal of Portfolio Management, and many other journals. He received his PhD from Columbia University and his BA and MBA from the Hebrew University of Jerusalem.

Background

Bio

A Wealth of Well-Being: A Holistic Approach to Behavioral Finance

Behavioral Finance: The Second Generation

What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions

Finance for Normal People: How Investors and Markets Behave

Financial Well-Being

“Financial Advisers as Well-Being Advisers,” by Meir Statman, financialplanningassociation.org, September 2019.

“More Time or More Money? How Wealth Affects What We Value,” by Meir Statman, avantisinvestors.com, October 2022.

Other

“Meir Statman: ‘We Are All Normal,’” The Long View podcast, Morningstar.com, Oct. 30, 2019.

“What Is Cantril’s Ladder?” by Michael Hartnett, sciotoanalysis.com, Feb. 9, 2024.

“High Income Improves Evaluation of Life but not Emotional Well-Being,” by Daniel Kahneman and Angus Deaton, nlm.gov, Sept. 21, 2010.

“Why Olympic Bronze Medalists Are Happier Than Silver Medalists,” by John A. List, Time.com, Feb. 10, 2022.

“The Mental Mistakes We Make With Retirement Spending,” by Meir Statman, wsj.com, April 24, 2017.