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Next Gen Personal Finance


Jun 14, 2016

I had a great conversation recently with Terry Odean, the Rudd Family Foundation Professor of Finance at the Haas School of Business at UC-Berkeley. You will walk away with some great ideas not only how to teach investing but also how you can be a better investor. Terry shares his "big break" that came from his dogged persistence to get access to a researcher's crown jewels: brokerage account records for tens of thousands of individual investors. This data set would serve as the source for many of his research papers which provide critical insights on actual investor behavior. Terry also describes how his mentor, Nobel Prize winner Daniel Kahneman, influenced the arc of his career and his research interests. Here are a few of the other questions that Terry tackles: . What are the biggest mistakes that individual investors make? . What is your take on stock market games played in high schools throughout the country? . What are the three core concepts that should be in every investing unit?