Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
Introduction
00:00 • 5min
The Paradigm of Science
04:44 • 2min
How to Be Smarter About Your Finances
06:35 • 2min
How Normal People Make Personal Financial Decisions
08:55 • 3min
The Importance of Consistency in Saving
12:19 • 3min
The Differences Between Personal Finance Advice and Economic Theory
14:51 • 2min
The Virtue of Saving
16:41 • 2min
The Importance of Consumption Smoothing
18:13 • 4min
The Effect of Stock Market Mean Reverse on Asset Allocation
22:29 • 5min
The Importance of Financial Choices
27:16 • 3min
The Impact of the Rare Disaster Theory on Portfolio Shares
29:46 • 2min
How to Apply Economic Theory to Your Own Asset Allocation Decisions Without Needing to Solve a Complex Dynamic Programming Problem
31:49 • 4min
Non-Standard Errors in Non-Statistical Models
35:41 • 2min
The Economics of Non-Participation in the Stock Market
37:24 • 2min
The Hidden Costs of Investing in the Stock Market
39:12 • 2min
Why People Invest in Active Management
40:58 • 2min
How Famous Economists Invest Their Money
42:48 • 2min
How to Choose Between Stocks and Bonds
44:20 • 2min
The Effect of Home Bias on Concentrated Equity Holdings
45:56 • 2min
The Importance of Diversification in Personal Finance
47:27 • 2min
The Importance of Experience in Belief Formation
49:01 • 2min
How to Differentiate Between Mistakes and Behavior That Makes Sense
50:46 • 2min
The Role of the Financial Advisor in High Fee Index Funds
52:23 • 4min
The Role of Financial Advice in Changing Behavior
56:05 • 2min
The Importance of Education in the Behavior of Families
58:18 • 4min
The Importance of Living Paycheck to Paycheck
01:02:13 • 2min
The Argument That Owning a Home Hedges Your Housing Costs
01:03:44 • 2min
The Risk of Execution in Housing Transactions
01:05:41 • 2min
How to Define Success in Your Life
01:07:59 • 3min