The Market Is Ambiguous. Does Your Investment Strategy Need to Be?
Since yesterday’s winners are so frequently tomorrow’s disappointments, three suggestions for keeping your clients invested regardless.
Michael Lewis’ Portrait of Two Men Who Changed the World
Lewis’ book on Amos Tversky and Daniel Kahneman is an introduction to behavioral economics thinly disguised as a biography of its two protagonists.
Everyone Knew Trump Would Win All Along
As an example of hindsight bias and how outcomes affect narratives, consider the presidential election.
The 10 Things We Fear in Markets
Just one example: If you allow your politics to interfere with your investing, you are likely to be disappointed by both.
When Outrage Clouds Political Judgment, in UK and Beyond
Sure, the U.K. had an intense debate about what would happen if the country left the EU, but many voters were simply outraged, and wanted to register that fact.
Using Behavioral Finance to Help Clients Discover Goals and Set Priorities
Using techniques born out of behavioral finance, Morningstar’s Sarah Newcomb provided insights to help advisors help clients.
Understanding the Expressive Benefit of Investing
Investments always have an expressive component to investors, and drive some investors more than others.
5 Common Investment Mistakes, and 4 Strategies to Follow Instead
We all have blind spots, including when we invest. Here are five to be aware of and avoid, and four alternative approaches.
Why Don’t Investors Stay True to Their Principles? Think Self-Deception
Amid volatile markets, the temptation to stray is particularly intense, but behavioral finance's insights show how to buck this self-defeating trend.
Kahneman: Clients Driven by Losses, Not Gains
Advice from the father of behavioral finance on the perils of hindsight, the power of client regret and what really sets apart Warren Buffett.