Weekend Reads for Advisers: Investing, Physics, and the Power of Imagination

Categories: Behavioral Finance, Private Wealth Management
Weekend Reads

The Wall Street Journal‘s Jason Zweig has spent his career trying to help investors become smarter about their decisions — through his regular column and book Your Money and Your Brain. He is an astute observer (and interpreter) of human behavior.

This week Zweig wrote a delightful essay, “Norman Mailer and Me,” recounting how, as a 17-year-old, convinced that he was writing The Great American Novel, he sent several of the most eminent novelists in the United States a letter begging them to read his work. The only one who responded was Mailer. Zweig recently stumbled upon Mailer’s letter — in the same bottom drawer in which he had placed it 36 years ago.

While it was interesting to read (and see) Mailer’s remarkable reply, it was a line of Zweig’s prose that caught my attention: “No matter how complicated we think human beings are, we still underestimate them.” Indeed.

Here are some other worthwhile reads, in case you missed them.

Behavioral Economics

Investing

Retirement

Physics

And Now For Something Completely Different


Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

Photo credit: ©iStockphoto.com/JLGutierrez

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