David Tuckett - How Investors Use Stories to Tame Uncertainty

About the Interview

If you want to understand how fund managers choose a portfolio, why not ask them? That’s what David Tuckett does: he draws on standard sociological techniques of interviewing to understand investors’ decisions to buy or sell assets. He says financial markets cannot be driven by economic fundamentals – because the future is uncertain – instead, they are driven by stories about fundamentals. David Tuckett merges insights from Keynes, from sociology, and from psychoanalysis to develop what he calls emotional finance – this is new economic thinking.

About David Tuckett

David Tuckett, trained in economics, medical sociology and psychoanalysis, works part-time in clinical practice, but since winning a 2006 Leverhulme Research fellowship for a "psychoanalytic study of investment markets" he has been collaborating with Professor Richard Taffler to introduce psychoanalytical understanding to behaviour in the financial markets. Full profile here

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