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Victor Haghani, Founder and CIO, Elm Partners

Alpha Exchange

CHAPTER

Are You a Student of Financial Decisions?

Victor De: I want to bring risk into the decision process. We're doing a lot of research on the kind of big financial decisions that individuals in families states make. This idea of risk adjustment is tied to choice theory, which is fundamentally based on maximizing your expected utility and not your expected wealth. In many cases, the distinction isn't all that important in many decisions that we make. But even though it might be critical in those decisions, it still is what's going on. i applaud you and your team for that.

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