Elm Wealth

Investment manager Philadelphia Founded 2011 elmwealth.com

Wealth manager founded by Victor Haghani, a former Salomon Brothers trader and Long-Term Capital Management founding partner. Its research applies expected-utility thinking to everyday questions of bet sizing, spending and how much to hold in stocks.

What they publish

Elm Wealth Research

Victor Haghani and James White's notes on bet sizing, expected returns, spending and the behavioral traps of investing, plus interactive games such as the biased coin-flip challenge.

Research Intermediate Roughly monthly

Books by their people

The Missing Billionaires Victor Haghani and James White