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The Behavioral Investor
Wilfred Waters
27 episodes
6 days ago
We solve the mathematical problem of causing an enormous increase in one's bank account balance through human effort. The podcast therefore has two themes, mathematics and human behaviour. Together, behavioural investing. We take a first principles approach by summarising scientific studies and interviewing psychology and mathematics researchers. This will show us the first principles. We will then reason from these first principles to the best strategy to cause optimal human investing behaviour.
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Investing
Business
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All content for The Behavioral Investor is the property of Wilfred Waters and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We solve the mathematical problem of causing an enormous increase in one's bank account balance through human effort. The podcast therefore has two themes, mathematics and human behaviour. Together, behavioural investing. We take a first principles approach by summarising scientific studies and interviewing psychology and mathematics researchers. This will show us the first principles. We will then reason from these first principles to the best strategy to cause optimal human investing behaviour.
Show more...
Investing
Business
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S2E8 đź’˛ Grit Perpetuates Wealth: Jagdeep Mavi
The Behavioral Investor
47 minutes 4 seconds
4 years ago
S2E8 đź’˛ Grit Perpetuates Wealth: Jagdeep Mavi

In this second part of our interview with Jag, he turned the tables and interviewed us. Here he showed his wealth of experience in finance by prodding us to find something deeper than merely aspirational purchases like Lamborghinis. He warned us that inspiration is more durable as a motivator. Have a listen for the path he directed us down with his line of questioning.


As always, here are some links to topics discussed during the session so you don't have to Google them yourselves:


  • Family Fortunes: How to Build Family Wealth and Hold on to It for 100 Years - https://www.amazon.com/Family-Fortunes-Build-Wealth-Years/dp/1118171411
  • Is it True that 40% of Americans Can’t Handle a $400 Emergency Expense? - https://www.cato.org/blog/it-true-40-americans-cant-handle-400-emergency-expense-0
  • Canadians and their Money: Key Findings from the 2019 Canadian Financial Capability Survey - https://www.canada.ca/en/financial-consumer-agency/programs/research/canadian-financial-capability-survey-2019.html
  • Square Kilometre Array - https://www.skatelescope.org/
  • Earliest Record of Accounting - https://fremont.edu/history-of-accounting/
  • France CAC 40 Stock Market Index - https://tradingeconomics.com/france/stock-market
  • Black Walnut Trees, grow black walnut wood for profit - https://treeplantation.com/black-walnut.html
  • How Beeple Crashed the Art World - https://www.newyorker.com/tech/annals-of-technology/how-beeple-crashed-the-art-world
  • Stashing Your Art in a Tax Haven Can Be Dicey - https://www.barrons.com/articles/stashing-your-art-in-a-tax-haven-can-be-dicey-1445663281
  • Behind Closed Doors: A Look At Freeports - https://itsartlaw.org/2020/11/03/behind-closed-doors-a-look-at-freeports/
  • The Compound - https://docs.google.com/spreadsheets/d/1k0IDctrpzyLjFFjYqTiPXZuSTwYFJdK-QZQ3AG859Dw/edit#gid=485472545
  • The Average Canadian Salary in 2020 - https://www.jobillico.com/blog/en/the-average-canadian-salary-in-2020/
  • Personal Income in Australia - https://www.abs.gov.au/statistics/labour/earnings-and-work-hours/personal-income-australia/latest-release
  • The Selfish Gene - https://en.wikipedia.org/wiki/The_Selfish_Gene
  • Memes - https://en.wikipedia.org/wiki/Meme#Dawkins
  • Positive Psychology and Familial Factors as Predictors of Latina/o Students’ Psychological Grit - https://journals.sagepub.com/doi/abs/10.1177/0739986315588917
The Behavioral Investor
We solve the mathematical problem of causing an enormous increase in one's bank account balance through human effort. The podcast therefore has two themes, mathematics and human behaviour. Together, behavioural investing. We take a first principles approach by summarising scientific studies and interviewing psychology and mathematics researchers. This will show us the first principles. We will then reason from these first principles to the best strategy to cause optimal human investing behaviour.