Will R Young: Wealth, Wisdom, Virtue and the Pursuit of Less
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Will R Young: Wealth, Wisdom, Virtue and the Pursuit of Less
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My guest on the podcast is Will R. Young, a certified financial adviser, who, somewhat unusually, combines behavioral psychology, Stoicism, and financial analysis with insights from surfing. So, he’s a financial adviser with a difference. In addition, Will has achieved exceptional results in the Good Judgment Project from the University of Pennsylvania - outperforming leading economists and Wall Street firms, in forecasting financial markets. This free-ranging conversation explored how Stoic philosophy has formed the basis for his approach to financial management in which “The best investors don’t let emotions dominate; they follow a plan and wait for the right moments.” We also discussed behavioral psychology , judgment and decision-making and the science of forecasting. Key themes included reducing the impact of the ego, epistemic humility, apathy or equanimity, and the relevance of all this to the contemporary moment. There’s also laughter along the way!