Video Resource: Behavioral Finance Basics (or Why Humans Are Bad Investors?)
Concise, basic four minute video explaining in plain English the concept of Behavioral Finance and why we are wired to be bad investors (but describes how we can overcome this too). What happens when a neuroscientist, a Nobel Prize winning economist and an investor meet in a bar (from PBS National Business Report)…
About the Author
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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