Dr. Brian Portnoy - Behavioral Finance 2.0
Mar 31, 2022•56 min•Ep. 194
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Episode description
Tune in to hear:
- Dr. Portnoy says we’ve created a “Behavioral Finance entertainment complex that does very little to help real people make real decisions.” What does he mean by this?
- Do you think we overlook the good behavioral finance has done because the good is subtle and simple?
- What does he see as the good, the bad and the ugly of “nudging?” How can or can’t it be applied to the field of wealth management?
- How can we make the distinction between normalizing clients’ maladaptive behaviors without condoning the actions?
- What are some tips on how to move towards a more empathic practice and what does empathy look like in the context of an advisor-client relationship?
Twitter: @brianportnoy
Compliance Code: 0534-OAS-3/29/2022
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