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.
How Behavioral Biases Affect Social Security Claiming Strategies
With Social Security planning, perception is not reality, and the wrong strategy based on incorrect beliefs will severely impact the retirement portfolio.
Where Are All the Rational Investors?
In the last few decades, academics and practitioners have studied, defined and begun to exploit anomalies arising from human nature.
When History and Finance Go Wrong
The planning fallacy is our tendency to underestimate the time, costs and risks of future actions while overestimating the benefits.
Should I Stay or Should I Go (Independent)?
There are a lot of issues to consider before making the move from a wirehouse or bank to an independent advisor.
Discovering Daniel Kahneman’s Insights on Human Behavior
If you've ever wondered why people hold certain erroneous conclusions, this book will shine light on the subject.
4 Reasons You Make Bad Decisions
Author Dan Heath shows four ways decision making breaks down, and four ways to prevent that breakdown, at IMCA conference.
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.