The Meb Faber Show - Better Investing cover image

Sarah Stanley Fallaw - The Psychology of the Millionaire Next Door | #481

The Meb Faber Show - Better Investing

00:00

The Importance of Money Beliefs in Financial Advisors

The big dudes are just as bad at some of the emotional investing problems as retail is, you know, they love to chase performance. So I wonder how many advisors actually would benefit from saying, oh, wait a minute, I'm coming to this with my own biases already and trying to work with these clients may be different than someone who comes with these traits working with other type of clients. How often are the financial advisors incorporating this themselves?

Play episode from 29:49
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app