Rip Van Winkle would be the ideal stock market investor: Rip could invest in the market before his nap and when he… — Richard Thaler Copy Share Image
Investors must keep in mind that there's a difference between a good company and a good stock. After all, you can buy… — Richard Thaler Copy Share Image
Don't get trapped by looking at what the price was that you paid for some stock originally. — Richard Thaler Copy Share Image
Is there a market for somebody selling a credit card that helps people pay down their balances? I think the question is… — Richard Thaler Copy Share Image
There's no reason to think that markets always drive people to what's good for them. — Richard Thaler Copy Share Image
The reason is they failed to learned the primary lesson we should have learned from when Long Term Capital Management went belly… — Richard Thaler Copy Share Image
Behavioral economics offers a plausible explanation for overreactions by the market. For example, a long period of bad performance can lead to… — Richard Thaler Copy Share Image
The Nobel Prize is going to be 'fun money' - for an occasion, when my wife and I want a $50 bottle of wine. — Richard Thaler Copy Share Image
In some ways, the finding that financial education doesn't provide long-term payoffs is hardly surprising. After all, how much do you remember from your… — Richard Thaler Copy Share Image
Fortunately, economists open to new ways of thinking are finding novel ways to use supposedly irrelevant factors to make the world a better place. — Richard Thaler Copy Share Image
If people just put away what's left at the end of the month, that's a recipe for failure. — Richard Thaler Copy Share Image
The wealth in many large estates has never been taxed because it is largely in the form of unrealized - therefore untaxed - capital… — Richard Thaler Copy Share Image
The lesson of my field, behavioral economics, is that we need to understand the ways in which we differ from the rational human assumed… — Richard Thaler Copy Share Image
I think behavioral economists don't have any more of an explanation about the rise of Trump than anyone else. — Richard Thaler Copy Share Image
There are cases when I can make myself better off by restricting my future choices and commit myself to a specific course of action. — Richard Thaler Copy Share Image
For amateur golfers, I think one of the biggest mistakes is to model their play on professionals. — Richard Thaler Copy Share Image
he card companies will often, as a courtesy, honor that credit card, but hit you with a penalty. And you keep swiping your card… — Richard Thaler Copy Share Image
Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes while you… — Richard Thaler Copy Share Image
