Podcasts

Pricing’s influence on investment decisions (podcast)

close

Email a Friend

This episode of Tradestreaming Radio includes a conversation with William Poundstone, author of Priceless: The Myth of Fair Value (and How to Take Advantage of It).

We discuss:

  • market psychology of pricing
  • crowd following and momentum stocks
  • how investors are susceptible to pricing cues
  • what behavioral economics says about risk assessment

Poundstone’s book is a sweeping overview of some of the most influential ideas and people in behavioral economics the past 60 years.  While much ink is devoted to Tversky and Kahneman and their work, the second half of the book takes on a more practical approach in how we can all use the findings of behavioral finance to our benefit.

My interview with Poundstone focuses more on the quirks in the investment process rather than merely looking at consumer behavior.  Tradestreaming is more concerned with how Poundstone’s insights affect our investment behavior, our aversion to trade losses, and our perception of rapidly rising stocks.

We all chase momentum stocks and have a hard time buying real value.  Pricing theory and its place in behavioral economics literature is a small but growing field specifically in the investing vertical.

More resources


0 comments on “Pricing’s influence on investment decisions (podcast)”

Podcasts

‘Combining our customer-first focus and local brand’: Inside Seattle Bank’s partnership with Google

  • Google's new bank accounts are being launched in partnership with banks around the U.S.
  • Seattle Bank, a community bank serving Puget Sound, is collaborating with Google to launch a new Google Plex account.
Zachary Miller | November 26, 2020
New banks, Podcasts

Building the Marcus brand: Goldman’s 2021 vision for its consumer banking product

  • Marcus by Goldman Sachs, Goldman’s consumer banking product suite, reached $96 billion in deposits in the third quarter of 2020.
  • Goldman will grow the Marcus product suite in 2021, encompassing checking, wealth management, savings and personal finance management.
Suman Bhattacharyya | November 25, 2020
Data, Podcasts

‘With Boost, we had to break things’: Experian’s Gregory Wright

  • Credit bureaus are moving along the value chain.
  • Experian's chief product officer joins the podcast to talk about lessons the firm has learned from Silicon Valley.
Zachary Miller | November 23, 2020
New banks, Podcasts

Step’s CJ MacDonald on building a bank for teens

  • CJ MacDonald cofounded gyft, which was acquired by First Data in 2014.
  • He's back with Step, a banking platform targeting teens with age-appropriate services and financial education.
Zachary Miller | November 09, 2020
Finance Everywhere, Podcasts

‘The migration to a more connected platform is the gateway to growth for banks’: Publicis Sapient’s David Donovan

  • In his financial services practice, David Donovan works with most of the largest banks in the world.
  • He delivers his views on where embedded finance is headed and why it's so important to get right.
Zachary Miller | November 03, 2020
More Articles