When he began teaching behavioral finance at the Claremont Colleges, Amos Nadler decided he needed some hands-on experience to discuss with his students.
I needed to talk about gains and losses," Nadler, the founder of Prof of Wall Street and a Ph.D. in behavioral finance and neuroeconomics, tells CNBC Make It.
As of market close on Dec 11, Nvidia shares were going for $139.31 apiece.
"That amount of money is enough to buy a nice house somewhere," Nadler said in a discussion with fellow behavioral finance expert George Dan.
"The classic behavioral finance reason is risk aversion," he says, which manifested as fear that his soaring stock pick would soon plummet back to Earth.
Persons:
Amos Nadler, " Nadler, you've, Nadler, George Dan, it's
Organizations:
Claremont Colleges, Wall, CNBC, Nvidia