Sat.Aug 19, 2023

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MiB: Cass Sunstein on Decision Making

Barry Ritholtz

This week, we speak with legal scholar Cass Sunstein , who founded and leads Harvard Law School’s Program on Behavioral Economics and Public Policy. He has authored numerous books, including the NYT bestseller The World According to Star Wars as well as “ Nudge: Improving Decisions About Health, Wealth and Happiness ” (written with Richard H. Thaler); and “ Noise: A Flaw in Human Judgment ” (written with Danny Kahneman).

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This Week on TRB

The Reformed Broker

Just wanted to say thanks to everyone who’s been watching the Friday night show I’ve been hosting with Michael Santoli for CNBC each week. Last night we had Cameron Dawson and Adam Parker on to talk about whether or not the August pullback is just a seasonal swoon or something more. Neither of them thought it was the start of some larger correction just yet.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Investment Lessons from 400 Years of “Confusion of Confusions” Three Hundred and Thirty-Five years ago, in 1688, Joseph de la Vega wrote, “Confusion de Confusiones”, considered to be worlds first book on stock trading. What was unique about the book was that it focussed on a topic that was new, trading of shares in Amsterdam stock exchange, considered to be the oldes