The Mr. Miyagi Market

Yesterday, my latest appearance on foxbusiness.com with Tracy Byrnes afforded me the opportunity to describe the Mr. Miyagi market (wax on, wax off).

Note: The above interview was ended at roughly the halfway pooint by foxbusiness.com editors for (I assume) their media posting purposes.

Meir Statman

Do investors really know what they want?

Well known among those in the CFA Institute and CFA society circles, the highly regarded behavioral scientist shares his thoughts and insights from his most recent book, "What Investors Really Want". Benefits (utilitarian, expressive, and emotional), cognitive errors, human nature, and rational investing are touched on in this most interesting and informative interview. Who knows, by exploring the mind of the market you may find yourself looking in the mirror.

To listen to the 15 minutes 04 second interview, click here

Christopher Chabris, Ph.D. and Daniel Simons, Ph.D.

If someone told you to keep your eye on a bouncing ball, do you think you would notice a gorilla entering into then departing your field of vision?

We kick off our summer reading series with the authors of "The Invisible Gorilla: And Other Ways Our Intuitions Deceive Us". In a most fascinating conversation with the cognitive psychologists, we explore key elements of behavioral science and many of its applications to decision-making including the myth of intuition, the illusion of knowledge (e.g. Amaranth), and the appeal of confidence and certainty ("...we prefer people who are confident even when we have all the information we need to see that they are less accurate in what they are saying."). Bernie Madoff, anyone?

Investors seeking to gain a better understanding of their own investment decision-making process will find the time spent listening to this podcast as time well spent.

The length of the interview is 16 minutes 28 seconds.


If the audio player doesn't load, click here

Jason Zweig

Before earnings season consumes most of your attention, my interview with the well-regarded columnist for the Wall Street Journal and author of "Your Money and Your Brain: How the Science of Neuroeconomics Can Help Make You Rich" includes the emerging investment field of neuroeconomics and behavioral finance, attributes of good investors, and what constitutes a good investment attitude.

Investors seeking to take a step back and reflect on the investment decision-making process and understand why we do what we do will find this interview a most rewarding experience.

The length of the interview is 17 minutes 50 seconds.

To listen to this interview, click here

Dr. Andrew Lo

Leveraging off my first interview with the Director of MIT's Laboratory for Financial Engineering and co-author of "The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis", Dr. Lo describes the progress in his Adaptive Markets Hypothesis (AMH), the difference between AMH and game theory, the prospects of an evolution to CAPM, and some very useful resources in better understanding decision-making.

To listen to this interview, click here

Justin Fox

The economic and business columnist for Time and popular blogger's recent book, "The Myth of the Rational Market", is the focus of this week's interview. Areas such behavioral finance and how investors might consider ways to navigate an investment world turned upside down now that key principles such as the efficient markets hypothesis and CAPM are under siege is explored and discussed.

The length of the interview is 16 minutes 14 seconds.