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Audio: The way we relate to finance, and the secret of new ideas

The psychology of investing, and what makes a new innovation a success or a failure?
9/13/2011, 7:42 AM

A7 Radio's "Goldstein on Gelt" with Douglas Goldstein
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On this week's edition of the Goldstein on Gelt show, Douglas Goldstein speaks to Hersh Shefrin, holder of the Mario Belotti Chair in the Department of Finance at Santa Clara University's Leavey School of Business. Professor Shefrin is a pioneer of behavioral finance. He has published widely in the area and writes for both academics and practitioners. Doug asks Professor Shefrin about the psychology behind people's attitude to finance - is fear a major factor in our investment decision? And when many of us are worried about money in a difficult economic climate, how do we remain calm when it comes to making these kinds of decisions? 

Doug's second guest, Jane Stevenson, reveals a different kind of thinking - how some new innovations are a great success while others are a resounding failure. Jane is the Vice Chairman, Board & CEO Services at Korn/Ferry International, residing in the Atlanta office, as well as the coauthor of Breaking Away: How Great Leaders Create Innovation That Drives Growth- and Why Others Fail. Listen to tonight's Goldstein on Gelt Show to find out how you make your new invention or idea into a success.

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Douglas Goldstein, CFP® is the owner and director of Profile Investment Services, Ltd., an international investment company. He began his career on Wall Street in 1992 at Dean Witter. After developing a successful practice in New York, Doug moved with his wife and family to Israel. Doug is the author of the book, Building Wealth in Israel: A Guide to International Investments and Financial Planning. The Goldstein on Gelt podcast airs every Monday from 7:00 p.m. - 8:00 p.m. on Israel National Radio. For more info visit http://www.goldsteinongelt.com/
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