Richard Thaler
👤 Speaker
846
total appearances
Voice ID
Voice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Voice samples:
2
Confidence:
High
Appearances Over Time
Podcast Appearances
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Right.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
This is a phenomenon we call loss aversion, that if you have something, you're going to fight like hell to keep it.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Correct.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
A plus.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Come on, brother.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Let me give you an example.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Suppose that your uncle dies.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Gives you an inheritance.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Sentimental.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Is it a mug or is it something different?
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
It's like a thousand shares of some stock.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Okay.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
But my uncle gave it to me.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Your uncle gave it to you.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
All right.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
So you send it over to your wealth manager or broker or whatever.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
All right.
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
And then the question is,
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Do you keep them?
The Weekly Show with Jon Stewart
The Irrational Economy with Richard Thaler
Let's ignore taxes.