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Barron's Streetwise

Time to Sell?

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 4 December 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Behavioral economist Richard Thaler on investor overconfidence. Plus, a Wall Street strategist says vaccines could bring a peak for stocks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Get a better grip on the markets.

0:02.6

W.S.J's take on the week is here to give you a look ahead to the most important events on the economic and business calendar

0:09.9

and what they mean for your money and investments.

0:13.1

Subscribe wherever you listen to podcast.

0:17.7

The market's been going up pretty steadily

0:20.2

and it's been going up fastest

0:22.4

in the segment of the market that retail investors have been most attracted to.

0:28.0

And so it's very easy to think that you have figured stuff out And you'll be entitled to that opinion

0:35.8

when you've also figured out when to sell

0:38.4

and which parts to sell, and then you've done that 10 times.

0:43.0

And if you think you've figured it out right now,

0:46.1

think you again.

0:48.2

Welcome to the Barron Streetwise podcast.

0:51.0

I'm Jack Howe.

0:52.4

The voice you just heard is Richard Thaler. He's a Nobel

0:56.2

economist and co-founder of Fuller and Thaler, an asset manager. Professor Thaler

1:02.1

studies behavioral economics or how psychology affects

1:06.7

financial decision-making. We'll hear more from him in a moment about

1:11.0

investor overconfidence and why figuring out when to sell is so hard.

1:17.0

We'll also talk with Michael Hartnet, chief investment strategist at B of A research, about why the stock market outlook for 2021 isn't all

1:28.2

sunshine and rainbow sprinkled cupcakes.

1:32.4

More like rain and low-carb muffins, brand not chocolate chip.

...

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