Frank Murtha: Investor Psychology

Dr. Frank Murtha is a recognized gambling expert; his groundbreaking dissertation was the first to explore the effect of cognitive errors in gambling behavior. At the New York-based consulting firm RHR International Company, Murtha developed senior executives in leadership and pioneered a specialty in the new field of behavioral finance.

Murtha's clients have included investment banks, financial services companies and day trading firms where he has coached institutional and retail portfolio managers in reaching peak performance.

A behavioral finance content expert, Murtha co-founded the behavioral finance website Marketpsych.com. Murtha has taught at the State University of New York at Buffalo, the Smeal College of Business Administration at Penn State University and is currently on faculty at New York University. He works as a consultant, speaker and writer based out of New York City.

In this interview, Murtha discusses behavioral finance and the psychology of the investor. (Audio length: 19:32)