Meir Statman: 'We Are All Normal'

<p><p>Our guest in the podcast today is Meir Statman, the Glenn Klimek Professor of Finance at Santa Clara University and a specialist in behavioral finance. Meir's research focuses on how investors and managers make financial decisions and how these decisions are reflected in financial markets. His work has been published in <em>The Journal of Finance</em>, <em>The Financial Analysts Journal</em>, <em>The Journal of Portfolio Management</em>, and many other publications. Meir has also received numerous awards for his research, including three Graham and Dodd Awards and the Matthew R. McArthur Industry Pioneer Award. His latest book, <em>Finance For Normal People</em>, was just released in paperback.</p></p><p><p><strong>Background</strong><br /></p><p><a href=" https://www.scu.edu/business/finance/faculty/statman/">Meir Statman bio</a></p></p><p><p><a href="https://www.amazon.com/Finance-Normal-People-Investors-Markets/dp/019062647X"><em>Finance for Normal People</em></a> by Meir Statman, Oxford University Press, 2017 </p></p><p><p><a href="https://www.amazon.com/What-Investors-Really-Want-Financial/dp/0071741658"><em>What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions</em></a> by Meir Statman,McGraw-Hill Education, 2010.  </p></p><p><p></p><p><br /></p><p><strong>Investor Behavior</strong><br /></p><p>“<a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1094068">The Expressive Nature of Socially Responsible Investors</a>” by Meir Statman, January 2008. </p></p><p><p>“<a href="https://www.morningstar.com/articles/949842/money-flowed-to-the-cheapest-funds-in-the-third-quarter">Money Flowed to the Cheapest Funds in the Third Quarter</a>” by Tom Lauricella and Gabriel Dibenedetto, Morningstar.com, Oct. 2019. </p></p><p><p>“<a href="https://www.morningstar.com/lp/fund-flows-direct?con=19262?utm_source=mstarcom_content&utm_medium=referral&utm_content=article">Morningstar Fund Flows Commentary</a>” by Morningstar, August 2019. </p></p><p><p></p><p><br /></p><p><