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There's an old saying in investing: The market can stay irrational longer than you can remain solvent.

Why is that?

Well, it has a lot to do with how humans make decisions. It's not always -- or even often -- rational.

And today's expert, behavioral economist Peter Atwater, adjunct professor at William & Mary College, has long affirmed that changes in confidence consistently and predictably impact investor preferences, decisions, and actions.

He's out with a brand new book, The Confidence Map: Charting a Path from Chaos to Clarity, that shares a groundbreaking framework for making better decisions -- in investing and in life in general -- by understanding – and mastering – confidence.

We'll also ask him what his key confidence indicators are telling him about the prospects for the rest of 2023.

Video Length: 01:11:48

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