March 8, 2024
In the News
Victor Visits Columbia Business School
Victor Haghani, Founder of Elm Wealth, discussed his recent book, The Missing Billionaires: A Guide to Better Financial Decisions with students in November. This lecture discusses the importance of the “how much” question in finance: consider how much to invest rather than just what to invest in. Our coin-flipping experiment – in which participants could place bets on a biased coin that has a 60% chance of coming up heads – highlights how many potential investors still struggle with risk management and bet sizing, with sub-optimal outcomes on both extreme ends of the board.
Video courtesy of Columbia Business School.