Bloomberg View columnist Barry Ritholtz interviews Meir Statman, the Glenn Klimek Professor of Finance at Santa Clara University. His research focuses on behavioral finance. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. His most recent book is “Finance for Normal People: How Investors and Markets Behave,” published by Oxford University Press. This commentary aired on Bloomberg Radio. See omnystudio.com/listener for privacy information.

Bloomberg View columnist Barry Ritholtz interviews Charles D. Ellis, who founded the international strategy consulting firm Greenwich Associates in 1972. He now serves as an investing consultant to large institutional investors, government organizations and wealthy families. His latest book is “The Index Revolution.” This commentary aired on Bloomberg Radio. See omnystudio.com/listener for privacy information.