published Apr 30, 2018, 8:33:24 AM, by Sonali Basak and Tom Metcalf (Bloomberg) — Few bank CEOs ever become billionaires. Jamie Dimon did. So did Lloyd Blankfein. And then there’s Ken Moelis, a power dealmaker few people outside Wall Street have probably heard of. Since taking his boutique investment bank
published Aug 9, 2018, 8:00:08 AM, by Barry Ritholtz (Bloomberg Opinion) — A recent paper summarized in Scientific American raises an intriguing question: Is one of the founding theories of behavioral finance known as loss aversion — the idea that people place more weight on avoiding losses than gains —