Meir Statman: A Renegade in Personal Finance

Who’s in control? You are. In this episode, Matt Hall reminds listeners that they are 100% in charge of what they focus on. Plus, hear from Morgan Housel, past podcast guest and best-selling author, who shares Matt’s all-time favorite personal finance story.

Legendary thinker, author, professor, and consultant in the world of behavioral finance, Meir Statman, joins Matt Hall in this episode to discuss his work and personal stories of how taking the long view has paid off.   About Meir Statman Meir Statman, the Glenn Klimek Professor of Finance at Santa Clara University, where his research focuses on how investors and managers make financial decisions and how these decisions are reflected in financial markets. Meir’s work has been published widely including The Journal of Finance, Financial Analysts Journal, The Journal of Portfolio Management, The Wall Street Journal, and many other publications. Mr. Statman has received numerous awards for his research, including three Graham and Dodd Awards and the Matthew McArthur Industry Pioneer Award. Meir has written several books, including Finance for Normal People and his most recent, Behavioral Finance: The Second Generation. Dr. Statman earned his PhD from Columbia University and his BA and MBA from the Hebrew University of Jerusalem. Some of the questions Meir addresses in his research include: What are investors’ wants and how can we help investors balance them? What are investors’ cognitive and emotional shortcuts and how can we help them overcome cognitive and emotional errors? How are wants, shortcuts, and errors reflected in choices of saving, spending, and portfolio construction? 

Matt’s daughter told him that this episode’s guest is someone who can change the world. Caroline Gaynor, a highly successful business person and endurance athlete, demonstrates that satisfaction is often found when acting in the service of others. Take a moment to imagine training to complete a full Ironman triathlon (2.4 mile swim, 112 mile bike, and 26.2 mile run). Now imagine doing that same event, nearly 30 times, tethered to and leading a blind person.  Listen to this amazing conversation with Matt and Caroline now. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Whether you hang on every word from every episode or you prefer to “snack” on Take the Long View, give a complete listen to these “greatest hits excerpts.” Join host Matt Hall as he highlights some of the most poignant moments from recent guests. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Name a writer who consistently makes you laugh? Hard to do? Listen to this episode for one of Matt’s favorite Wall Street Journal writers, who always brings a smile to his face, Jason Gay, sports columnist for the WSJ, joins Matt Hall in this entertaining episode. It’s not all fun and games, as Jason possesses a magical talent. He has the ability to be humorous, candid, and poignant, often at the same time. As in, “Go ahead and laugh. I want you to, but pay attention to what I have to say. There’s a message here!” About Jason Gay Jason Gay is The Wall Street Journal’s sports columnist and a humor columnist for its Review section. Jason's the author of the 2015 bestseller “Little Victories” and has written for Vogue, GQ, Rolling Stone, and Outside. In 2016 he was named Sports Columnist of the Year by Society of Professional Journalists and was a finalist for the Thurber Prize for American Humor. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Professor Hershfield’s research focuses on how the perception of time affects people's money behavior. The actionable takeaway? How we can make decisions that will contribute to the success of our future selves. Hershfield earned his PhD in psychology at Stanford University and is also the recipient of numerous teaching awards. He was recently named one of “The 40 Most Outstanding B-School Profs Under 40 In The World” by business education website Poets & Quants. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Want to know the secret mission of this podcast? After 30 episodes, host Matt Hall is ready to share the answer. Listen to this under nine-minute episode for Matt’s mission and a related story that will take you back to your childhood. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

Tammira Philippe is the embodiment of the American dream. The first in her family to go to college and now the CEO of Bridgeway Capital Management, Tammira has paved a purposeful path for herself and her organization. Enjoy this episode as Matt talks with Tammira about her journey from Channelview, Texas, to the boardroom. Hear how Matt insulted Tammira a decade ago, how Tammira believes balance is boring, and her take on the essential qualities of a leader.   More about Tammira Tammira began her career at Bridgeway in 2005. She is President and Chief Executive Officer of Bridgeway Capital Management and is a member of the firm’s Board of Directors and Portfolio Innovation and Risk Committee. As President, Tammira’s responsibilities include developing and executing the firm’s strategy, overseeing all operations, and contributing to the marketing and client service efforts. Before becoming President, Tammira led strategy and operations projects at Bridgeway from 2005 to 2010 and was Head of Client Service and Marketing from 2010 to 2016.   Tammira earned an MBA from Stanford’s Graduate School of Business and graduated summa cum laude with a BS in Computer Science from Texas A&M University. Her experience before Bridgeway includes strategy consulting with McKinsey & Company and business development and marketing for a global satellite communications startup. She is passionate about promoting education and social justice and volunteers with organizations focused on those missions. Tammira serves on the Texas A&M University Computer Science and Engineering Advisory Council. She previously served as a board member for the Education Foundation of Harris County and as a member of the Advisory Board of the Terry Foundation. This scholarship provider supported Tammira’s education. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

David Coggins joins Matt to discuss his latest book, The Optimist, A Case for the Fly Fishing Life - a thoughtful and beautifully crafted book about fishing, travel, friendship, and more. In this episode hear about Coggins’s experiences fishing all over the world, and what the beauty of taking time away from the normal productivity grind can do for your longer view. About David Coggins David Coggins is the author of Men and Manners and the New York Times bestseller Men and Style. He writes about fly fishing for Robb Report and tailoring, drinking, and travel for numerous publications, including the Financial Times, Bloomberg Pursuits, and Condé Nast Traveler. Coggins lives in New York and fishes regularly in the Catskills, Wisconsin, and Montana.   Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedInWe love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.

What is an encore quest? What’s it have to do with Serena Williams? Matt talks with celebrated author Gerald Marzorati about picking up serious tennis in his 60s and his new book on Serena Williams. Gerry shares his love of the sport, lessons learned trying to master the game, and what he observed spending more than a year following Serena Williams, plus what Gerry says should be Williams’ “Disney Movie ending” triumph. About Gerald Marzorati Gerald Marzorati was the editor of The New York Times Magazine from 2003 until 2010. He previously worked as an editor at Harper’s magazine and The New Yorker. He is the author of Seeing Serena, Late to the Ball, and A Painter of Darkness, which won the PEN/Martha Albrand Award for a first book of nonfiction. His writing about tennis has appeared in The New York Times and on NewYorker.com. Thanks for listening!Be sure to subscribe now on Apple, Google, Spotify, Stitcher, TuneIn, or wherever you like to listen to podcasts. Follow the Take the Long View Podcast on Instagram @takethelongviewpodcast and Facebook, and follow host Matt Hall on Instagram @matthallstl, Twitter @matthallhig, or on LinkedIn Connect with the Hill Investment Group on Instagram @hill_investment_group, Facebook @hillinvestmentgroup, Twitter @takethelongview, and on LinkedIn We love our listeners! If you would like to drop us a line or be a guest on the show, please contact Matt.