Richard Thaler: “I Have More Faith In Mankind Than Economists Do”

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Richard Thaler shares the worst thing he does with his own money, talks about his faith in humanity and shares a story about “weird stuff that people do” when it comes to behavior related to their own money.

Also see Richard Thaler’s favorite books

Get The Full Walter Schloss Series in PDF

Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues.

"I Have More Faith In Mankind Than Economists Do." Richard Thaler, Prize In Economic Sciences 2017

Fastenal: Why Being Cheap Works As a Business Strategy

FastenalFastenal is one of the best-performing stocks of the past decade. Since the beginning of January 2010, shares in the industrial distribution company have yielded an average annual return of 16%, turning every $10,000 invested into $44,264. Q2 2020 hedge fund letters, conferences and more In many ways, Fastenal is not the sort of business Read More