Enterprising Investor
Practical analysis for investment professionals

behavioral economics


10 Years of Behavioral Finance: Thaler, Kahneman, Statman, and Beyond

Since its launch in 2011, Enterprising Investor has showcased the scholarship of behavioral finance’s top luminaries as well as its critics.

Meir Statman on Coronavirus, Behavioral Finance: The Second Generation, and More

How can behavioral finance inform our response to the coronavirus? Meir Statman gave his perspective on this and other questions.

Roger G. Ibbotson: The Price of Popularity

Roger G. Ibbotson thinks investors should maximize their returns with a strategy that hinges on popularity.

Howard Marks, CFA: Getting the Odds on Your Side

What are two of the most important things an investor needs to do to succeed? Howard Marks, CFA, offered his perspective.

Best Does Not Mean Optimal

You are not acting in the client’s best interest if you build them a portfolio that they won't stick with over the long run.

Top 10 Posts from 2018: Chart Crimes, Political Divides, AI, and the Skill Ratio

What Enterprising Investor articles most resonated with readers this year? The results offer an illuminating look into the forces that shaped finance in 2018.

Top Five Articles from June: Kahneman, India, the Kelly Criterion Reevaluated

Is loss aversion overstated? What fueled Portugal's recent economic recovery? These were among the topics covered in the leading Enterprising Investor posts from June.

Daniel Kahneman: Four Keys to Better Decision Making

"Regret is probably the greatest enemy of good decision making in personal finance," Daniel Kahneman says.

What Does Loss Aversion Mean for Investors? Not Much

Loss aversion may not influence investment decision making as much as we think, says David Gal.

Weekend Reads from India: Fraud, “Skin in the Game,” Nassim Taleb

The framework of investing a dollar and then earning a succession of pennies is ubiquitous. But it has limitations. A recent bank scam in India illustrates this point, writes Shreenivas Kunte, CFA.