Last night on StockTwits TV we had the pleasure of speaking with Carl Richards (@behaviorgap), financial planner, blogger and inveterate sketcher. We discussed the phenomenon of the “behavior gap” which highlights the difference in returns investors actually earn and those available on the popular indices. We used Carl’s great sketches to illustrate a number of issues facing individual investors. We closed our discussion on the equity risk premium controversy and the danger of false precision in finance and investments.
You can find the broadcast embedded below:
Posts mentioned in the above videocast:
Sign up for Carl’s (new) newsletter. (Behavior Gap)
An interactive gallery of Carl’s sketches. (Bucks Blog)
The equity risk premium as the “great stock market myth.” (The Atlantic)
Blind men and the equity risk premium. (Abnormal Returns)