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CFO January 1, 2004 Edward Teach |
Watch How You Think Insights from behavioral finance could change the way companies approach mergers and acquisitions. |
Financial Advisor June 2004 Harold Evensky |
Clients Misbehavin' Nobel laureate Daniel Kahneman, a psychologist at Princeton University, applies lessons from behavioral finance to client management and identifies several common mistakes individual investors are prone to make. |
HBS Working Knowledge June 6, 2007 Julia Hanna |
Behavioral Finance--Benefiting from Irrational Investors Far from acting in their own best interest, many individual and institutional investors are more inertial than logical when it comes to emptying their portfolios of unwanted shares. This passive behavior can have a significant effect on how companies make strategic financing decisions. |
Financial Advisor May 2005 C. Michael Carty |
Do Investors Make Rational Or Emotional Decisions? Behavioral finance looks to predict investor action. |
Investment Advisor April 4, 2011 Savita Iyer-Ahrestani |
Advisors Beware: The Downside of Behavioral Finance A superficial understanding of behavioral finance can be counterproductive |
Finance & Development September 2009 Jeremy Clift |
Questioning a Chastened Priesthood A profile of psychologist Daniel Kahneman about the psychological research of economic science. |
Financial Planning September 1, 2010 Donna Mitchell |
Wealth Management Psych Out Behavioral finance is a field that is gaining traction among financial advisors. It is a full-fledged discipline that offers tools serious wealth management firms are using to understand and serve high-net-worth clients. |
Registered Rep. March 30, 2012 Anne Field |
Human Behavior A discipline combining economics and psychology, behavioral finance turns one basic tenet of economic theory -- that people make rational decisions when given the right information -- on its head. |
On Wall Street January 1, 2011 Lee Conrad |
Crossing From The Ivory Tower To The Office Tower Knowing what an investor wants and how his or her feelings color decision-making is becoming more crucial in the increasingly competitive world of attracting and retaining high-net-worth clients. |
Investment Advisor March 2007 Jodi DiCenzo |
EBRI Report: Behavioral Finance and Retirement Plan Contributions This brief discusses behavioral finance research, underlying causes for both passive and active saving and investing choices, and prescriptions offered by behaviorists to overcome the effects of less-than-ideal savings and investing choices. |
Financial Planning July 1, 2010 Donna Mitchell |
The Pioneer Richard Thaler, now a professor at the University of Chicago, along with cognitive psychologists Daniel Kahneman and the late Amos Tversky, pioneered and shaped the field of behavioral economics thirty years ago. |
CFO September 1, 2006 Edward Teach |
What Lies Behind Those "Rational" Decisions? A pioneering book applies behavioral finance to the CFO's world. |
Knowledge@Wharton |
Is That a $100 Bill Lying on the Ground? Two Views of Market Efficiency In early October, Daniel Kahneman and Vernon Smith won the Nobel Prize in Economic Sciences for their research, conducted independently, into how individuals make economic decisions. The two discovered that investors are not systematically rational, as traditional economic theory asserts. |
Investment Advisor February 2007 Robert F. Keane |
Catching up with... Lew Altfest An interview with the associate professor of finance and author of Personal Financial Planning, which is already being adopted in college classrooms around the country, about Total Portfolio Management. |
Financial Advisor April 2004 Marla Brill |
Recent Lessons From Behavioral Finance Don't look for logic in the way investors act, say these experts. |
Financial Planning July 1, 2005 Joshua Weinberger |
White Paper A new theory of financial behavior: The seeming irrationality of the typical investor is, in fact, a series of adaptive responses to an uncertain, rapidly changing environment. |
CFO July 15, 2008 Alan Rappeport |
Game Theory Versus Practice More companies are using game theory to aid decision-making. How well does it work in the real world? |
The Motley Fool May 5, 2005 Timothy M. Otte |
Behaving Like a Fool The debate between efficient markets and behavioral finance continues to rage in academic circles. Here are some of the key differences in the two approaches to the movements of stock prices. |
Financial Planning April 1, 2006 John J. Bowen |
The Enemy Within Use the principles of behavioral finance to keep your clients -- and yourself -- from making costly investment mistakes. |
On Wall Street June 5, 2009 Denise Federer |
Understanding and Guiding Client Behavior Financial professionals face the complex challenge of effectively responding to the financial and emotional needs of their clients, while managing their own emotional reactions to the current turbulent markets. |
HBS Working Knowledge August 11, 2014 Michael Blanding |
The Business of Behavioral Economics Leslie John and Michael Norton explore how behavioral economics can help people overcome bad habits and change for the better. |
On Wall Street October 1, 2010 Denise Federer |
The Behavior Profile Are you a perceptive financial advisor? Being able to identify your client's financial decision-making and investment style is important in communicating effectively with them. |
The Motley Fool November 3, 2009 John Rosevear |
A Stupid Idea That Deserves to Die If you think markets are efficient, I've got a bridge to sell you. |
On Wall Street June 1, 2009 Denise Federer |
Understanding and Guiding Client Behavior Financial professionals face the complex challenge of effectively responding to the financial and emotional needs of their clients |
Investment Advisor May 2006 Susan Hirshman |
The Wealth Advisor: Profiting by Behavior Competition for affluent clients is fiercer than ever. To attract their attention, you need to stand out from the crowd. You must have better insights about your clients and the markets and a better process to deliver your services. In other words, you have to be a wealth manager. |
Financial Planning September 1, 2006 Joan Warner |
Lo and Behold Andrew Lo's Adaptive Markets Hypothesis bring financial behavior into startling focus -- and could point the way toward more constructive relationships with clients. |
AskMen.com Tijo Salverda |
Behavioral Economics The study of behavioral economics aims to understand how psychological phenomena like emotions and group dynamics influence economic decisions. Studies have found that people often make decisions that are not in their best interest |
Financial Planning February 1, 2007 Dan Wheeler |
The Science of Success Long-term evidence proves that discipline and diversification are more effective than trying to beat the market. But keeping financial advisory clients disciplined can be extraordinarily difficult. |
HBS Working Knowledge June 7, 2004 Sarah Jane Johnston |
What Drives Supply Chain Behavior? Surprise: Managers are not always rational decision makers. In this interview, Harvard Business School professors Rogelio Oliva and Noel Watson discuss how human behavior affects supply chain coordination. |
HBS Working Knowledge December 1, 2011 |
Thinking Slow: An Argument for Bureaucracy? Jim Heskett explores the argument for a more deliberative approach to problem solving offered up in the new Daniel Kahneman book, Thinking, Fast and Slow. |
On Wall Street June 1, 2010 Denise Federer |
When Good Clients Behave Badly Learning how and why your clients think is critical to helping them make sound financial decisions. |
On Wall Street July 1, 2010 |
Five Questions With Mark Spina Spina leads sales, business development, relationship management, training and service teams covering broker-dealers, banks and RIAs. Here he speaks about the important issues between advisors and clients. |
CFO June 1, 2004 Edward Teach |
Avoiding Decision Traps Cognitive biases and mental shortcuts can lead managers into costly errors of judgment. |
HBS Working Knowledge January 16, 2006 Ann Cullen |
Adam Smith, Behavioral Economist? An interview with Harvard Business School professor Nava Ashraf about her research on how Adam Smith's 1759 work, The Theory of Moral Sentiments, presages the emerging field of behavioral economics. |
HBS Working Knowledge November 5, 2014 James Heskett |
Are We Entering an Era of Neuromanagement? Will you be taking a brain-scan for your next job interview? What is the emerging world of neuromanagement and what does it mean? |
Registered Rep. February 1, 2003 Stuart Chaussee |
Trading Places It's time for a growth rebound. The argument for growth rests on the reversion-to-the-mean concept. Overly simplified, the concept means that when stocks (or any asset class) outperform their historical average, that asset class enters a period of underperformance and vice versa. |
Financial Advisor July 2011 Richard B. Wagner |
One To The Power Of One The advisor and the client combine in a uniquely powerful and singular relationship. But does anyone truly understand the nature of our work? |
Financial Advisor December 2006 Lewis Altfest |
Behavioral Financial Planning Behavioral financial planning is not so much an alternative way of looking at personal financial planning as it is a practical supplement to it. Knowing what motivates people and finding ways of improving results is what behavioral planning is all about. |
BusinessWeek February 20, 2006 |
"Economists Suffer from Physics Envy" In search of a better economics theory, MIT's Andrew Lo says evolutionary dynamics could shed light on why investors behave as they do |
CFO January 10, 2007 Don Durfee |
The Last Mile Why is it still so hard to engage line managers in budgeting? It is noted that when line managers have a hand in planning, budgets get better. That appears to be especially true when managers actually key their own numbers into the system. |
The Motley Fool January 7, 2005 Selena Maranjian |
Fool Yourself -- Into Saving More Use some psychological tricks and end up richer. |
Financial Planning May 1, 2008 Mark Willoughby |
Volatility Bites For those who had begun to underestimate the impact volatility can have on managing investment portfolios, the events of 2007 and early 2008 have been a sobering reminder. |
Knowledge@Wharton May 21, 2003 |
Will Baby-Boomers' Retirement Years Go Bust from a Lack of Savings? A recent Pension Research Council conference looked at factors that influence participation in retirement-savings plans. Why do people save less than they should? How can pension plans be structured to improve participation? |
InternetNews January 19, 2007 Nicholas Carlson |
Yahoo's Personal Finance Touch Yahoo Personal Finance provides users with an collection of financial centers covering nine areas of personal finance ranging from banking and budgeting to retirement. |
AskMen.com Terence Channon |
Personal Finance Books The finance books listed here are a great place to start gaining control of your money. Pick up the title that seems most suitable to your financial needs, and you'll be well on your way to becoming money smart. |
Financial Advisor March 2005 William J. Bernstein |
The Good Company, Bad Stock Phenomenon Views on why value investments produce better returns than growth investments. |
HRO Today Jan/Feb 2008 Russ Banham |
Driver's Ed Toyota Financial Services builds an effective learning program aimed at keeping internal talent 'moving forward' in their careers. |
Financial Planning March 1, 2006 Michael B. Horwitz |
Oh, Behave! These five common client behavioral risks can compromise your their financial well-being. Planners can identify and remedy behavioral risk as a way to differentiate their practices. |
Financial Advisor May 2012 Martin E. Landry |
Self-Fulfilling Prophecies Recognizing and managing emotions may help keep investing plans intact. |
The Motley Fool January 8, 2009 Mike Pienciak |
A Look Inside the Investor's Brain Successful investing requires you to use your emotions intelligently -- and that is not so simple as just minding the well-publicized bogeymen Fear and Greed. |