Behavioral Finance
How Rational Are YOU?
Traditional financial theory assumes that investors are rational and utility maximizing. In this post I will ask you to choose between different bets and based on that alone, I can tell you more about just how rational you are and the rationality concept behind financial theory.
Read More5 Behavioral Biases You Should Be Aware of Now
When the markets seem a bit more uncertain than usual, and you are bombarded on all sides with cascades of information about what’s going to happen next; it is important to trust yourself and your own judgment. To achieve this means that you must know yourself; as Benjamin Graham said, “The investor’s chief problem—and even his worst enemy—is likely to be himself.”
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