Naveen Chopra on behavioral finance
From ARE Unlocked | Canadian Real Estate Market with Naveen Chopra · · Agents of Real Estate by Michael Spano
“Expectation is a strong belief that things will or should be a certain way, while hope is a desire or wish with uncertainty — that's why an investor expects and a speculator hopes.”
On , Naveen Chopra, Executive Vice President & Chief Financial Officer at Paramount Global Class B, spoke about behavioral finance during ARE Unlocked | Canadian Real Estate Market with Naveen Chopra on Agents of Real Estate by Michael Spano.
About Naveen Chopra
Naveen Chopra, Executive Vice President and Chief Financial Officer of Paramount Global, has discussed the company's streaming strategy and financial performance in recent appearances. In a November 2022 interview, Chopra stated that Paramount's approach involves "using a traditional media company to build a large-scale leading streaming business." He reported that the company added 6.3 million new direct-to-consumer (D2C) subscribers in the first quarter of 2022, following 9.4 million additions in the fourth quarter of 2021, and described D2C revenue growth of 82% in Q1 2022. Chopra said the company had revised its long-term streaming subscriber target from 65-75 million by the end of 2024 to 100 million, citing faster-than-expected growth. He also highlighted content strategy, noting that shows like "Yellowstone" are used to build franchise IP for the streaming service. In separate appearances, Chopra has offered advice on real estate investing and professional development. In a November 2023 podcast, he discussed preconstruction real estate in Canada, stating that "builders are listening now and offering incentives to hit sales targets and financing thresholds" and that "this is the first time in 15 years you can realistically negotiate incentives on preconstruction deals." He distinguished between investors and speculators, saying "an investor expects and a speculator hopes," and advised against speculative investing without a plan. In a December 2024 podcast, Chopra recommended that new real estate agents "attend open houses, shadow people, shadow a senior sales agent" and noted that "the best agents I know are the ones that are constantly educating themselves and learning new technology."