Captivate Podcast: Are Investors Rational? Lessons From the Late Daniel Kahneman

Are Investors Rational? Lessons From the Late Daniel Kahneman

Daniel Kahneman was the pioneer of behavioural economics and won a Nobel Prize for his work on cognitive biases. By explaining how a litany of psychological missteps skew our decisions, few people have had more influence on investing. We discuss how Kahneman improved our investing judgement and taught us to manage risk intelligently. And in today’s Dumb Question of the Week: Are stock analysts’ price targets worth anything?

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