Dr. Crosby is one of my favorite writers and speakers on the subject of Behavioral Finance. This podcast is only 10 minutes long. I enjoyed it a lot and I think you will too.
Synopsis of this podcast episode: It’s counterintuitive, but a growing body of research suggests that you just don’t like cheap things. In this episode, we discuss how price as a proxy for quality can be in dangerous in investing and give clues as to how behavioral investors can sever this spurious connection.
iTunes podcast link: https://itunes.apple.com/us/podcast/wdidt-episode-6-value-investing-why-you-hate-cheap/id1241946146?i=1000389349159&mt=2
Player FM podcast link:Â https://player.fm/series/why-did-i-do-that/wdidt-episode-6-value-investing-and-why-you-hate-cheap-things