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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 : Investing to Reflect Desires, Values, and Beliefs : On Wall Street

Professor Meir Statman was referenced in an article featured in On Wall Street discussing how investors want what or who they invest in to reflect their desires, values, and beliefs.
Glenn Klimek Professor of Finance Meir Statman Head Shot

Meir Statman, Leavey’s Glenn Klimek Professor of Finance, shared his expertise and research in behavioral finance in an article discussing emotionally-targeted investment opportunities. The trend of “biblically responsible investing” is similar to ESG, or environmental, social, and governance-based investing, only targeted to a specific investor demographic.

An excerpt from the article:
Santa Clara University professor Meir Statman, author of “What Investors Really Want,” says many investors are looking for “expressive benefits” when deploying capital -- they want their money to also reflect their values, desires and belief systems. It is as good an explanation as any for bringing in other non-investment-related goals as part of their questionable decision making. As you might surmise, I am unenthusiastic about any investment approach that relies on emotional appeals.

Read the full article here »

Learn more about professor Meir Statman » 

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