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Leavey School of Business Santa Clara University

Newsmakers

Finance Professor Meir Statman Head Shot

Finance Professor Meir Statman Head Shot

Meir Statman : How Normal People Can Make Better Money Decisions : Morningstar

Finance Professor Meir Statman shared insight from his new book on how “normal” people can make better financial decisions everyday.
Glenn Klimek Professor of Finance Meir Statman Head Shot

Meir Statman, the Glenn Klimek Professor of Finance, was interviewed in an article for Morningstar which examined ways that “normal” people can make better money decisions in their daily lives. His recently published book, Finance for Normal People: How Investors and Markets Behave, deals with this subject exactly.

An excerpt from the article: 

Think of the tradeoff between our wants for financial security in retirement for ourselves and our wants for educating our children and helping them become successful. Paying all the college expenses of our children is likely to help them become successful, because they would be able to begin life after college with no debt burden. But paying these expenses might leave us with too little retirement savings and too little financial security. We must reflect on the trade-offs between our wants and balance them as well as we can.

Read the full article here »

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