Do Impact Investors Prioritize Financial Returns Over Social Impact?
Katherine Klein, Tyler Wry
3 hrs
A Wharton study reveals gaps between impact investing funds’ external marketing of their social mission and their internal focus on financial performance. Do impact investors walk their talk on delivering social impact? Or are they more focused on financial returns? A new brief by experts at Wharton’s ESG Initiative brings nuanced perspectives on how […]
How to Teach Your Child About Financial Literacy
Olivia S. Mitchell3 hrs
Wharton’s Olivia S. Mitchell offers tips for raising a generation of smart spenders and savers. Twenty-five states now require high school students to take a personal finance course before graduating, yet financial literacy remains low in the United States. About half of American adults cannot correctly answer three multiple-choice questions designed to test basic […]
Rethinking Retirement: Saving Insights | Katy Milkman
Katherine MilkmanApril 29, 2025
Professor Katy Milkman explains why people put off saving for retirement. Americans aren’t saving enough for retirement. Wharton’s Katy Milkman explains how behavioral nudges can motivate people to put away more money for the future. This episode is part of a series on “Navigating Retirement.” How Do Retirement Funds Work Today? Dan Loney: The […]
Embrace the Pivot: The Power of Changing Your Mind
Chris IkosaApril 22, 2025
In this Nano Tool for Leaders, Adam Grant and other experts offer tips on how to reassess your assumptions to make better decisions. Nano Tools for Leaders® — a collaboration between Wharton Executive Education and Wharton’s Center for Leadership and Change Management — are fast, effective tools that you can learn and start using […]
How Speaking Slower Influences Consumer Behavior
Jonah BergerApril 22, 2025
Research from Wharton’s Jonah Berger reveals why speaking a little slower during sales interactions can help improve customer satisfaction. With a talent for articulating 586 words per minute, actor and pitchman John “Motormouth” Moschitta Jr. made a career out of speaking really fast. But research from Wharton marketing professor Jonah Berger shows that speaking slowly […]
How to Fix Biases in Macroeconomic Forecasts
Sean MyersApril 15, 2025
New research recommends using the one-year GDP and the three-month Treasury bill as benchmarks to adjust for distortions across multiple macroeconomic forecasts. The world of macroeconomic forecasting could probably always use a disruption that enhances accuracy. One such comes from experts at Wharton and elsewhere, who have developed a tool to deal with the Achilles […]
What Joann’s Closing Says About the State of Retail
Cait LambertonApril 7, 2025
Wharton’s Cait Lamberton breaks down the demise of fabric and crafts chain Joann and why it’s so challenging for legacy brands to stay solvent. Plagued by weak sales and eroding market share, Joann fabric and crafts is the latest legacy brand to go out of business. All 800 stores are closing after the company […]
Does Financial Literacy Decline with Age?
Olivia S. MitchellApril 7, 2025
A new study reveals an alarming drop in financial and health literacy levels for older men and women over the span of 12 years. Older adults with declining financial and health literacy are at risk of making mistakes that could significantly impact their well-being. They could, for instance, make wrong decisions on when to […]
Should We Compare Bitcoin to Gold? Lessons From the Last Financial Crisis
Rahul KapoorApril 2, 2025
Wharton’s Rahul Kapoor and Lehigh University’s Natalya Vinokurova explain the risks associated with a common argument for investing in Bitcoin: comparing it to gold. The following article was written by Wharton management professor Rahul Kapoor and Natalya Vinokurova, associate professor of management at the College of Business at Lehigh University. Bitcoin is now priced […]
How Ambiguity Aversion Affects Investment Choices
Olivia S. MitchellMarch 25, 2025
Policies to reduce investors’ ambiguity about asset returns can stimulate equity market participation, according to new research. Most people are ambiguity averse, meaning that they prefer to make decisions when they face known probabilities (risk), rather than unknown probabilities (ambiguity). In the real world, investment decisions nearly always involve ambiguity, as the probability distribution […]