The hosts explore the concept of 'All Else Equal Thinking' and its relevance in economics, finance, and business decision-making. They emphasize the importance of considering equilibrium thinking and introduce the podcast 'All Else Equal, Making Better Decisions'.
Here at the Motley Fool, we like our individual stocks. But – what if we’re wrong?
Jonathan Berk is a professor of finance at the Stanford Graduate School of Business and co-host of the podcast “All Else Equal: Making Better Decisions.” Ricky Mulvey caught up with Berk to discuss – and debate – the merits of individual stock investing. They also talk about:
- The ripple effects of decision-making,
- Whether short-term investing deserves its bad reputation,
- And the time horizon needed to differentiate between luck and skill.
Tickers discussed: CMG, NFLX, NVDA, MCD
Host: Ricky Mulvey
Guest: Jonathan Berk
Producer: Mary Long
Engineer: Rick Engdahl
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