Dr. Ashvin Chhabra - Mental Accounting for Improved Investor Behavior

This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby speaks with Ashvin Chhabra. Ashvin Chhabra is President and Chief Investment Officer of Euclidean Capital– a New York based family office for James H.Simons & Marilyn H. Simons. The Simons Foundation is dedicated to advancing research in mathematics and the basic sciences. It is currently one of America’s two or three largest private funders of these areas. Prior to his current position, Dr. Chhabra was Chief Investment Officer for Merrill Lynch Wealth Management from 2013-2015 and Chief Investment Officer at the Institute for Advanced Study, Princeton from 2007-2013. Ashvin is also the author of The Aspirational Investor, published by Harper Collins in 2015. Dr. Chhabra is a member of the investment committees of the Stony Brook Foundation, Institute for Advanced Study and Rockefeller University. He has lectured at Yale University, Carnegie Mellon University, Baruch College CUNY, and the University of Chicago. Ashvin holds a PhD in applied physics from Yale University in the field of non- linear dynamics (Chaos theory).

Tune in to hear:

- What does Ashvin propose as a better measure of investor success above risk adjusted returns?

- What are the two main reasons why we invest? Ashvin thinks that, with a traditional portfolio, we will be disappointed with at least one of these two dimensions at any given moment - why is this the case?

- What is the three-tiered investment approach that Ashvin came up with and how does it help ameliorate some of the disappointment implicit in investing?

- How does this bucketing approach help clients in both bear and bull markets?

- How does everything we’ve discussed today, with respect to the wealth allocation framework, improve investor behavior?

http://www.aspirationalinvestor.com

Compliance Code: 1118-OAS-6/27/2022

Daniel Crosbybear market, bull market, three-tiered investment approach, Standard Deviations Podcast, Standard Deviations, RTQ, RTQs, risk tolerance, risk averse, risk aversion, risk tolerance questionnaires, risk tolerance questionnaire, Dr. Daniel Crosby, aspirational investor, Dr. Ashvin Chhabra, stock market 101, Stock Market, How to invest, yahoo finance, mental accounting, the stock market, The Behavioral Investor, The Laws of Wealth, wealth allocation, bucketing, aspirational bucket, how to invest in capital markets, capital markets, allocating capital, asset management, asset manager, asset classes, asset allocation, why we invest, why do we invest, making sense of the market, making sense of markets, improving investor behavior, volatility, market volatility, investing in stocks, bucketing approach, Investor Behavior, investor psychology, BeFi, Behavioral Finance, behavioral investing, behavioral coaching