Professor of Finance, Fellow of the British Academy, non-exec director, author, TED speaker. Purposeful business, responsible investing, behavioral economics.

London
Pinned Tweet
Grateful for these early endorsements of The Madness of Markets. They come from a wide range of readers (investors, journalists, behavioural scientists, advertising executives, academics) and highlight the book's broad intended audience.
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Alex Edmans retweeted
Belated congratulations to my friend Prof. Alex Edmans (@aedmans) of @LondonBSchool on his fantastic new book THE MADNESS OF MARKETS! It’s a great read for anyone interested in investing, the peculiarities of human nature, or better yet, both!
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Alex Edmans retweeted
New Episode of the Modern Investor Podcast Out Now! Why Smart Investors Still Make Bad Decisions w/ Alex Edmans Join Finimize CEO Carl Hazeley as he interviews Professor of Finance @aedmans on why even the most seemingly rational investors make irrational choices. 📺 Watch on YouTube: piped.video/watch?v=AS5PnKCJ… 🎧 Or Listen as a Podcast ep: open.spotify.com/episode/6Mt…
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Alex Edmans retweeted
Read May Contain Lies by @aedmans over the Puja holidays. Why do smart people believe things that aren’t true? Usually not lack of information, he argues. We believe what we’d like to be true. My short review: sameersaurav.github.io/writi…
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Alex Edmans retweeted
Arkadaşlar, Güzel haber: Sevgili Dostum ve ortak yazarım Dünyaca ünlü akademisyen Prof. Dr. Alex Edmans yeni kitabını çıkardı. Tam da yatırımcılara göre bir kitap! Zeki Yatırımcılar neden Aptalca kararlar alabiliyor ve biz bunları kar etmek için nasıl kullanabiliriz? Hepsi bu Amazon Linkinde: amazon.co.uk/gp/product/0241…
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Alex Edmans retweeted
"Before you think about investing in the first place, think about what your edge is." Listen to this conversation between Alex Edmans (@aedmans) and Kevin Coldiron for more practical tips on how to become a better investor. 👇👇 piped.video/ACtljPqha_A?si=4-9_…
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I'm a massive fan of the Merryn Talks Money podcast: I listen to every episode and recommend it to my students each year. It was thus a huge pleasure to appear on it – this time in person – to discuss The Madness of Markets with @MerrynSW. The episode, "How to Outsmart Your Investing Instincts", is a lively, wide-ranging discussion about the psychological biases that distort our investment decisions – and how to overcome them. What made this conversation particularly enjoyable was discussing these ideas with one of the UK's leading commentators on financial markets, who brought her own perspectives and challenges rather than simply interviewing me about the book. 🎥: lnkd.in/e5NQnSyq 🎧: lnkd.in/eeyxMfvV
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🎧 The idea that stocks and bonds follow a rational path has been widely debunked. But are idiosyncrasies becoming more visible? “The Madness of Markets” author @aedmans joined Peter Thal Larsen to debate how the rules of investing have changed. Full 👉 tinyurl.com/msp97ksr
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Alex Edmans retweeted
This is lovely. 🥰 Man is twice a child. Be sure to look after your parents and grandparents. It is our duty. 😊
🅶🅾🆁🅺
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Alex Edmans retweeted
Hi Antony, I saw your message and felt compelled to write. Twitter/X is a strange place at times made better by people who pop up and bring fun, insight or who just reach out to others and say hello. It looks from the replies you've brought plenty to many. I played at Elm Park only once, for Palace reserves in 1991, I remember it so clearly because I carried a canteen of cutlery from the ground on the train back home to Cannock as my best mate was getting married. I must have been 20 or 21. Happy days. I'm here we're part of a crazy, unhinged, funny, witty family that are English football supporters. And as a part of that family thanks for the part you played in making it probably the most satisfying family anyone can have. In Cannock, where I'm from, men went underground to make a living, it was dangerous and hard work with no guarantees of survival . Football was the saviour of many, both playing and watching. A motto came out of those mines, "out of the darkness, cometh light", used by Wolves to this day as a metaphor that good times will come. Last year I lost my Mom, my Dad and a beloved friend within months. That motto is both a painful reminder of grief and a powerful inspiration to live as best as I can. Just like you have and are. I hope you get to read this like the other messages underneath your post, a lot of people have been touched by your interaction with them here, complete strangers appreciating who you are for playing a part on their day and their life. I'm just the latest. Antony, I'll see you at the far stick. Stan
hello all, this is likely my last message via my family, so thank you all. Those who took the time to know me knew that I've been ill, to the conclusion that the Dr will put me in a hospice on Monday where I will live out the rest of my days. death's nothing to be scared of. 1/2
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Replying to @aedmans
I've read half of The Madness of Markets so far. Fantastic book! It's an extremely insightful tour d'horizon of behavioral finance, written with delightful charm and humor, and is extensively informed by academic research.
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Alex Edmans retweeted
**NEW** The Madness of Markets with Professor @aedmans Making sense of numbers, statistics and psychology with the man who was the brightest boy in my class at school podcasts.apple.com/gb/podcas…
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The Madness of Markets is out today in the US! From Isaac Newton losing a fortune in the South Sea Bubble to AI, meme stocks and the madness of today's markets, it's been a lot of fun bringing this book to life. I'm delighted that US readers can finally get their hands on it. 📕 amazon.com/Madness-Markets-I…
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Ten years ago, I offered students a free £50 in class and asked who wanted it. Many students put their hands up, but only a couple were bold enough to come forward and try to take it (even though I made clear it was freely available, and not stealing). This was a social experiment to encourage students to take every opportunity and be proactive, even if it involves discomfort and going against the grain. The £50 went to a student, Laura, who kindly tried to give it back to me after class, but I insisted she'd earned it. I was delighted to see Laura again on Friday when giving a talk to the @LBS Alumni Council. It's no surprise that the same qualities she exhibited 10 years ago are also evident in her willingness to step forward and serve her alumni community on the Council.
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Thanks so much to everyone who came to the launch event for The Madness of Markets, to @MerrynSW for being a superb moderator, and @LBS for putting on a fantastic event that will live long in the memory. Out of everything I've ever written, this is the one work I'm most excited about sharing. It's about how our biases lead even smart people to make costly decisions. The direct lessons are in investing, but the broader lessons are for life.
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Alex Edmans retweeted
Terrific launch last night at @LBS of @aedmans new book The Madness of Markets & fireside chat w @MerrynSW. Should be required reading for those interested in investment & financial markets.
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The Madness of Markets is out today in the UK! It's on the psychology of financial markets – why smart investors make serious mistakes, and how we can overcome our biases to make better decisions. While financial markets are the laboratory, the lessons are much broader and apply to any high-stakes decision. PART I: OVERREACTION 1. Bubble Trouble: Why We All Go Crazy at the Top 2. Mood Music: How Feelings Cloud Finance 3. Much Ado About Nothing: The Name-Game and Other Non-News 4. Monkey See, Monkey Buy: Viral Herding in Markets PART II: UNDERREACTION 5. Slow on the Uptake: When Markets Snooze on News 6. The Hidden Goldmine: Why Intangibles Are the Market’s Blind Spot 7. C-Suite Secrets: Signals From the Summit PART III: MISREACTION 8. When 2 + 2 = 5: Adding Up Market Mistakes 9. Misguided Missiles: Locking Onto the Wrong Targets 10. Legends in Our Own Mind: The Overconfidence Trap PART IV: CORRECTION 11. Outsmarting the Market: Making Sense of Madness I had more fun writing this than anything I've written before. I hope you have just as much fun reading it. 📕 UK: lnkd.in/emgZB-Ay 📕 US: lnkd.in/eAaXB6ji (out on Tuesday)
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“A dazzling summation … a stunning indictment of human weaknesses, with numbers attached.” Very grateful for John Authers of Bloomberg @business for his review od The Madness of Markets. Gift link below. bloomberg.com/opinion/articl…
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