❓Why do smart investors make crazy decisions?
@FMG_LSE was delighted to host Alex Edmans on Monday night at the Old Theatre for a public lecture and book launch of The Madness of Markets: Why Smart Investors Make Crazy Decisions – and How to Exploit Them.📕
From overreaction and underreaction to overconfidence, Alex brought investor psychology to life with vivid examples of how our biases shape financial decisions and move markets.
A packed room, a lively discussion, and a diverse audience bringing fresh perspectives to the conversation!
👏 A huge thank you to @aedmans for an engaging and thought-provoking lecture, @peng_cameron for chairing, and to everyone who joined us!
#BehaviouralFinance #LSEMadnessofMarkets #BookLaunch #FinancialMarketsGroup #FMG #LSE
Dirk Jenter retweeted
"In Defence of Business School": my response to the NYT op-ed that misportrays both business and business schools and makes large, unsupported leaps to claim unwarranted conclusions.
alexedmans.com/in-defence-of…
⛓️ The Myths of Blockchain Governance
📰 Read this recent Journal Article by Daniel Ferreira:
🔗 fmg.ac.uk/publications/acade…
Corporate Governance: An International Review, 34 (1), 154-162.
#BlockchainGovernance #CorporateGovernance #Decentralization #FinancialMarketsGroup #FMG #LSE
📈 The Madness of Markets: why smart investors make crazy decisions – and how to exploit them
Why do investors chase AI stocks that bleed losses? Why do they ignore glaring opportunities hiding in plain sight? Why does the stock market fall after a football defeat, or rise on a sunny day?
Join us for this talk, based on a brand-new book, in which Professor Alex Edmans reveals how mood, emotion and social contagion lead even seasoned professionals to make irrational decisions.
🗓 Monday 26 October 2026 ⏰ 18:30–19:30 GMT
📍 Old Theatre, LSE @LSEnews
🗣️Speaker: Alex Edmans @aedmans (London Business School)
🗣️Chair: Cameron Peng @peng_cameron (LSE Department of Finance @LSEfinance & FMG)
🎟️Register here: fmg.ac.uk/events/madness-mar…
#Investment #BehaviouralFinance #SmartInvesting #FinancialMarketsGroup #FMG #LSE
Last week we held the inaugural LSE Corporate Governance Summer School.
30 PhD students engaged with cutting-edge research in corporate governance, including investor activism, the role of asset managers, executive incentives, and organisational economics.
It was a lot of fun!
Last week, the FMG welcomed 30 PhD students from around the world to our inaugural Corporate Governance Summer School — and we were delighted to see them enjoy such a rewarding experience.
Across four inspiring days, participants engaged with cutting-edge research and key questions in corporate governance, including investor activism, the role of asset managers, executive incentives, and organisational economics.
Students also had the opportunity to have lively discussions and exchanges with our esteemed professors, including Mike Burkart, Amil Dasgupta, Daniel Ferreira, and @DirkJenter from LSE Finance and the FMG.
#CorporateGovernance #Research #FinancialMarketsGroup #FMG #LSE
Dirk Jenter retweeted
Goodbye to one of the greats, my advisor Jeff Williamson (1935–2026)
Jeff your unstoppable intellect & excitement were contagious. I owe everything I have to your rare faith in me.
From the many like me: Our deepest and forever thanks. Your work & your self will be remembered.
Looking forward to the first LSE Corporate Governance Summer School next week (7–10 September 2026)!
Taught by my esteemed colleagues Amil Dasgupta, Daniel Ferreira, Mike Burkart, and me.
More information, including program & reading list: fmg.ac.uk/events/lse-corpora…
Dirk Jenter retweeted
I just gave the keynote at the European Finance Association Meetings. It was about how not to and how to do mechanism tests in empirical finance. Here are the slides. static1.squarespace.com/stat…
The amazing* Kalina Manova discusses her new paper about "tariff confusion." The evidence suggests that it had important effects on firm behavior. Highly recommended!
cepr.org/multimedia/tariff-c…
(*I am not just saying this because we are married.)
Dirk Jenter retweeted
Some news about @RevEconStudies.
New journal: Restud Insights. Accepting submissions Sept 2026.
2 types of articles: "Insights" (similar to AER Insights) and "Communications" (2k words + 2 exhibits).
It will be an “up-or-out” editorial process.
More info soon.
Dirk Jenter retweeted
📢I’m teaching a PhD course on "Transforming Economic and Financial Research with AI" at NHH, 12–15 October.
We’ll cover LLMs at scale, AI-powered research workflows, and agentic coding.
Guest lectures by Luca Braghieri & Chris Roth.
Application link in reply. Please RT!
Dirk Jenter retweeted
A friendly reminder to investors considering the upcoming mega AI/tech IPOs—SpaceX, OpenAI, Anthropic:
Dirk Jenter retweeted
With my great co-authors at @CenTaxUK, we have built a matched worker-to-firm database for the UK: the Business-to-Worker Register.
It covers the universe of UK workers (not just employees) and all UK organisations (not just employers, corporations or private sector).
Short 🧵
The FMG monthly e-bulletin is live:
mailchi.mp/mail.lse.ac.uk/fm…
✔️ Key updates
✔️ Fresh insights
✔️ What's next
Sign up to receive future updates straight to your inbox:
fmg.us3.list-manage.com/subs…
#eBulletin #FinancialMarketsGroup #FMG #LSE
📢 Don’t miss this event tomorrow:
🏛️ Public Lecture - The quiet erosion of central bank independence
7 May | 6.00PM | London
@Isabel_Schnabel, Member of the Executive Board of the @ecb, will discuss the risks to central bank independence from fiscal and financial dominance.
She will address the measures required to maintain central bank independence and ensure effective monetary policy-making and macroeconomic stability.
🗓 Thursday 7 May 2026
⏰ 18:00–19:30 BST
🗣️Speaker: Isabel Schnabel (ECB)
🗣️Chair: @MartinOehmke (@LSEfinance & @FMG_LSE)
📍 The London School of Economics and Political Science (LSE)
🎟️Register here: fmg.ac.uk/events/quiet-erosi…
#LSEGoodhart #monetarypolicy #ECB #FinancialMarketsGroup #FMG #LSE
Dirk Jenter retweeted
I’m organizing the Econometric Society Summer School in Structural Estimation. Broader than the summer school with Luke Tayolor: more methods (not just SMM), more topics. Tell your students to apply! Deadline: April 15.
econometricsociety.org/regio…
Please see below - apply now!
Only 10 days left – apply now for the FMG Corporate Governance Summer School at LSE! 🤯
The Financial Markets Group is launching the first LSE Corporate Governance Summer School, taking place 7–10 September 2026.
This intensive programme is designed for PhD students in economics, finance, and accounting who are interested in cutting-edge research in corporate governance.
What you’ll explore:
🔍 Investor activism
🔍 The role of asset managers in corporate governance
🔍 The role of executive incentives in corporate governance
🔍 The intersection of corporate governance and organisational economics
Taught by leading scholars:
Professors Mike Burkart, Amil Dasgupta, Daniel Ferreira, and Dirk Jenter - all leading scholars in corporate governance.
‼️ Apply by 26 March 2026 ‼️
Find application details here:
fmg.ac.uk/events/lse-corpora…
Deadline in two weeks (March 26):
LSE Corporate Governance Summer School for PhD students!
Sept 7-10, London.
Amil Dasgupta, Daniel Ferreira, Mike Burkart and I will teach cutting-edge corporate governance research.
Link in the first reponse.
Please share!
For details and to submit your application, please visit fmg.ac.uk/events/lse-corpora….
See you in September!
The Financial Markets Group is launching the first LSE Corporate Governance Summer School, taking place 7–10 September 2026.
This intensive programme is designed for PhD students in economics, finance, and accounting who are interested in cutting-edge research in corporate governance.
🔍 What you’ll explore:
✅ Investor activism
✅ The role of asset managers in corporate governance
✅ The role of executive incentives in corporate governance
✅ The intersection of corporate governance and organisational economics
🎓 Taught by leading scholars:
Professors Mike Burkart, Amil Dasgupta, Daniel Ferreira, and @DirkJenter - all leading scholars in corporate governance.
👉 Apply by 26 March 2026 👈
Find application details at: fmg.ac.uk/events/lse-corpora…


























