In this episode we speak with Tobin Hanspal, an assistant professor of finance at Vienna University of Economics and Business (VU Vienna). His research focuses on how experiences, beliefs, and advances in financial technology affect the decision making process of households and individual investors, and has been published in leading finance and economics journals. We discuss the characteristics and behavior of investors who were early to adopt exchange listed crypto investment products, and some of Tobin’s research on how expectations and experiences with risky investments affect investor behavior.