Behavioral Finance with Victor Ricciardi
November 21, 2011
Hosted by Jordan Goodman
Our guest today, Victor Ricciardi, BBA, MBA, APC is an Assistant Professor of Financial Management at Goucher College in Baltimore, Maryland. The questions we will be discussing today are: What is Standard (Traditional) Finance? What is Modern Portfolio Theory? What is Behavioral Finance? What type of decision maker are you? What is the Psychology of Risk (Risk Perception)? What is the inverse relationship between perceived risk and expected return? What are the main topics that influence an investor’s perception and decision-making process (Heuristics, Overconfidence, Loss Aversion, Control Bias, Representativeness, Anchoring, Familiarity Bias, Worry, Gut Feelings)? What role did the “2008 Financial Crisis” have on risk-taking behavior? Websites: Professor Ricciard’s research is available at http://ssrn.com/author=262799 Professor Ricciardi posts news stories and research about behavioral finance on Twitter at: http://twitter.com/victorricciardi
The Money Answers Show
Monday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Do you need directions to a solid financial future? If so, The Money Answers Show with Jordan Goodman will provide you with a roadmap to making smart money decisions in every area of your personal finances. Join Jordan every Monday at 12 PM/PST 3 PM/EST for The Money Answers Show, on the VoiceAmerica Business Channel. Learn how and where to get the best deals on mortgages, cars, and insurance; find out the best ways to save for college and retirement, get out of debt, improve your credit rating, and save on your taxes. The Money Answers Show with Jordan Goodman will provide you with great tips on investment opportunities in real estate, stocks, annuities, and other investment vehicles. That’s The Money Answers Show with Jordan Goodman on the VoiceAmerica Business Channel, every Monday at 12 PM/PST.
Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.