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Biography
Meir Statman is the Glenn Klimek Professor of Finance at Santa Clara University. His research focuses on behavioral finance. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. His most recent book is Behavioral Finance: The Second Generation, published by the CFA Institute Research Foundation.
The questions he 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? How are they reflected in asset pricing and market efficiency?
Meir’s research has been published in the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, the Financial Analysts Journal, the Journal of Portfolio Management, and many other journals. The research has been supported by the National Science Foundation, the CFA Institute Research Foundation, and the Investment Management Consultants Association (IMCA).
Meir is a member of the Advisory Board of the Journal of Portfolio Management, the Journal of Wealth Management, the Journal of Retirement, the Journal of Investment Consulting, and the Journal of Behavioral and Experimental Finance, an Associate Editor of the Journal of Behavioral Finance, and the Journal of Investment Management and a recipient of a Batterymarch Fellowship, a William F. Sharpe Best Paper Award, two Bernstein Fabozzi/Jacobs Levy awards, a Davis Ethics Award, a Moskowitz Prize for best paper on socially responsible investing, a Matthew R. McArthur Industry Pioneer Award, three Baker IMCA Journal Awards, and three Graham and Dodd Awards. Meir was named as one of the 25 most influential people by Investment Advisor. He consults with many investment companies and presents his work to academics and professionals in many forums in the U.S. and abroad.
Meir received his Ph.D. from Columbia University and his B.A. and M.B.A. from the Hebrew University of Jerusalem.
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Videos
Insights from Meir Statman
Watch our full conversation here: Are You Striving for Financial Security or Seeking Life Well-Being?
"I'm not suggesting that people just be happy with what they have people. I think are striving and should strive (...) The reason I am where I am now is not because I was lying on my back doing nothing, it is because I worked really hard to get my papers, written to get them published in good journals, and so on."
- Meir Statman"Everyone struggles and with at some point; just learn to live with what we have (...) When we are at my age or or a bit younger, but you cannot give up that drive the aspirations when you are young."
- Meir Statman"It is time for you to change your saving habits and spend on what matters to you, whether it is again family or whether it is charity."
- Meir StatmanGet in TouchContact US
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