A Wealth of Well-Being

"There are few people in the world better situated to help us make better decisions about our financial well-being than Professor Statman. He has already taught us what investors really want. Now, more importantly, he is teaching us how to make better decisions about our life well-being.” – Barry L. Ritholtz, Chairman and CIO of Ritholtz Wealth Management, host of Masters in Business podcast

“In gripping chapters on such subjects as parents and children, education, and even religion, Statman demonstrates both money’s importance and its limitations. Financial advisors will give better and more thoughtful advice, understanding the fundamental importance of family ties and attachments to the community.” -- George A. (Sandy) Mackenzie, author of The Decline of the Traditional Pension, Founding Editor, the Journal of Retirement

“Few people understand the evolving nature of financial planning better than Meir Statman. Ultimately, it’s not about investing, or even about money; it’s about enabling us to live authentic and fulfilling lives that reflect who we are and what we value. That’s why, all over the world, financial planning is morphing into holistic life planning. Anyone wanting to succeed in this exciting new profession should read this inspirational book.” -- Robin Powell, journalist, author, and Editor of The Evidence-Based Investor

Aspects of well-being are not only explained but are then tied to life circumstances, making it easy to relate personally to the many stories told, and learn from them. This is a wonderful book for ordinary people, never mind academics. -- Don Ezra, Former Co-chair, Global Consulting, Russell Investments and Author of Happiness and Life Two

I wish my parents had the opportunity to read A Wealth of Well Being; finances created stresses to other parts of their lives that were simply irreconcilable Meir’s ability to take complex behavioral economic theory and distill it into practical life advice is second to none, with idea after idea to help the reader create and improve their own model for personal well-being.  A Wealth of Well Being should be required reading for all financial advisors.  -- Alex Potts, President Emeritus, Buckingham Strategic Advisors

 “As humans, we know that wealth and its quantitative nature underlies well-being, but we also know that well-being depends on the qualitative nature of family, friends, health, education, religion, and more. As financial professionals, however, we are tempted by our knowledge of math and modeling to focus on wealth and its quantitative nature. In “A Wealth of Well-Being” Meir integrates quantitative and qualitative in a holistic approach, guiding us, even financial professionals, to reflect on our well-being and enhance it.” -- Eduardo Repetto, CIO, Avantis Investors

 “Yet again, Meir Statman has written a book which could well be called “revolutionary,” offering a holistic approach to behavioral finance. Clients will see themselves, their joys and sorrows, in the book's many studies and life stories, and bind themselves more closely to their advisers.” -- Jean Brunel, Managing Principal of Brunel Associates, author of Goals-Based Wealth Management

"Meir’s book is a must read for those of us fascinated by the intersection of finance and psychology, that is behavioral finance. His amazing insights continue to enlighten wealth advisors as he helps us guide clients to life well-being, beyond financial well-being." -- H.F. “Rick” Pitcairn II, Chief Global Strategist, Pitcairn