Dan Egan: Noisy Successes and Silent Failures

<p>Our guest on the podcast today is Dan Egan. Egan is the director of behavioral finance and investing at Betterment, and he has researched behavioral finance topics extensively over his career. Prior to joining Betterment, he was a behavioral finance specialist for Barclays Wealth. He received his bachelor's degree in economics from Boston University and his Master of Science degree in decision science from the London School of Economics.</p><h2>Background</h2><p><a href="https://www.dpegan.com/about-me/" target="_blank">Bio</a></p><p><a href="https://www.dpegan.com/research/" target="_blank">Research</a> </p><h2>Frictions and 'Free'</h2><p>"<a href="https://www.betterment.com/advisors/resources/behavior-gap-webinar" target="_blank">Closing the Behavior Gap</a>," Betterment.com, Dec. 11, 2018.</p><p>"<a href="https://www.marketwatch.com/story/most-people-dont-want-to-be-called-average-says-dan-egan-who-designs-financial-tools-for-them-anyway-2020-06-05" target="_blank">'Most People Don’t Want to Be Called Average,' Says Betterment's Dan Egan, Who Designs Financial Tools for Them Anyway</a>," by Andrea Riquier, MarketWatch, June 16, 2020.</p><p>"<a href="https://www.betterment.com/resources/reduce-stress-investing" target="_blank">How Checking Performance Might Hurt Your Performance</a>," by Dan Egan, Betterment.com, May 20, 2019.</p><p>"<a href="https://www.dpegan.com/the-myth-of-the-panicky-individual-investor/" target="_blank">The Myth of the Panicky Individual Investor</a>," by Dan Egan, dpegan.com, March 14, 2020.</p><p>"<a href="https://www.betterment.com/resources/memestonks-whats-different-about-this-market" target="_blank">Memestonks: What's Different About This Market</a>," by Dan Egan, Betterment.com, Jan. 29, 2021.</p><p>"<a href="https://www.businessinsider.com/personal-finance/red-flags-investing-apps-2020-9" target="_blank">5 Red Flags to Look out for in Your Favorite Investing App</a>," by Liz Knueven, Insider, Feb. 17, 2021.</p><p>"<a href="https://www.dpegan.com/low-cost-is-better-than-free/" t