The below is a great in depth video which analyzes the emotions surrounding decision making regarding money. Throughout the episode, various “social experiments” are conducted, creating somewhat interesting results.
There are interviews with business school professors from Harvard, Chicago Booth, Yale and Stanford. Also interviewed are economist Robert Shiller, investor Jeremy Grantham, and many other respected economists and financial experts.
Most interesting are the studies done by Stanford on the chemical responses of the brain after one’s anticipation of receiving money, and the history of the first financial bubble, Dutch tulip bulb trading.
Also worth reflecting is a great quote mentioned in the episode by John Maynard Keynes in that “Markets can remain irrational longer than you can remain solvent”