Episode 38: Paulo Costa

Paulo Costa

Behavioural Economist & Investment Strategist at Vanguard

You can also listen to the episode on Spotify or Apple Podcasts.

In this episode:

Abraham gains insight into Paulo’s latest research on Human vs. Robo-advice, covering:

• The value of advice and whether it can be quantified

• The investor’s role in understanding the advice market

• The effect the media has on shaping investors’ views

• Robo-advice and whether it will be more advantageous than human advice

• Can Robo-advice fulfil the demands of everyday life?

• The overall outcome of Paulo’s research…and whether it would be different in today’s market

Guest profile

Paulo Costa completed his PhD in the Economics Department at Harvard University. Paulo’s primary research interests were in household finance and behavioural economics. He used a combination of field experiments and observational data to study the behaviour of investors and borrowers. Prior to going to Harvard, he obtained a Bachelor of Arts in Economics at Yale University.

Paulo then went on to join Vanguard as a Behavioral Economist in the Investment Strategy Group in 2020.

Where to find Paulo:

LinkedIn: Paulo Costa, PhD

Research: Vanguard Investment Research

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