Five Good Questions for Behavioral Finance Sage Terrance Odean
The behavioral finance expert shares his views on how money managers can do more for investors.
What’s Your Plan for Your Best Clients’ 401(k)s? 5 Steps to Take Now
The closer clients are to retirement, the more they fear another 2008-style market decline — and you should be talking to them about this.
The Messy Reality of Financial Decisions
Following the evidence is imperative and difficult.
Who’s the Easiest Person to Fool?
Remember the advice of physicist Richard Feynman.
Retirement Planning’s Probability Problem
Advisors love probabilistic retirement strategies, like the so-called “4% rule.” But thanks to human biases, we're literally dumber than rats when it comes to probability.
Why Stock Investors Freak Out
New research sheds light on client panic during market downturns—and how advisors can limit the portfolio damage.
Investing Strategy Is a Chancy Business
Don’t discount the effects of randomness on returns.
Financial Planning: Art or Science?
Good financial planning, like intelligent art, requires an understanding of science.
Second Thoughts: Making Better Decisions
When messages from a client's rational and emotional minds are contradictory, we need to arrive at a resolution that integrates them.
Double Think: Winning the Battle Over Your Clients’ Two Brains
It’s impossible to read minds, but an understanding of how people’s brains work can help you better serve clients.