[Behavioral finance in the financial services industry has been very widely discussed, seriously explored, and finally, starting to be implemented into financial advisor business models and client ...
The purpose of the wealth management industry is to increase the value of your portfolio. Add a new focus to the industry's mission: your head. How an investor thinks and feels — not just about money ...
In investing, Warren Buffett's mentor pointed out a paradox that the very trait that drives success most times is a liability in the financial markets.
There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...
Lynnley Browning (00:09): Hi, everyone. Thanks for joining us. I'm Lynnley Browning, managing editor at Financial Planning magazine, and here with me is Brian Portnoy, the co-founder of Shaping Wealth ...
Imagine walking into a doctor’s office, and instead of asking about your symptoms, the doctor hands you a generic prescription that “works for most people.” You’d be concerned—and rightfully so. Yet ...
Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...
“Our comforting conviction that the world makes sense rests on a secure foundation: our almost unlimited ability to ignore our ignorance.” ― Daniel Kahneman, Thinking, Fast and Slow Investors do not ...
When he began teaching behavioral finance at the Claremont Colleges, Amos Nadler decided he needed some hands-on experience to discuss with his students. Up until then, he had only owned a handful of ...
AI focuses on learning patterns from data to make decisions; quantum computing focuses on raw computational power for complex problems like molecular simulation and code-breaking.