Why Smart Investors Make Crazy Decisions w/ Alex Edmans

Episode 1211 of How to Money features Alex Edmans, finance professor at London Business School and author of The Madness of Markets. He discusses how markets are often driven by sentiment rather than pure rationality, and what individual investors can do to protect themselves. Topics include sports outcomes affecting market mood, the predictive power of corporate culture, the importance of understanding one's own psychology, and the need for international diversification.