Behavioural Finance and Equity Investment Strategies

London Financial Studies
4.4
6 reviews
  • Tutors were brilliant which made the classes even more fun. LFS staff is very friendly and the quality of education is high and challenging. Location is great also. I strongly recommend it.
    ← | →
  • In my formal instruction I realized what and who moulded the art of the venture business. In my LFS class, Dr. De Bondt shed new light on the advancement of new thoughts and the time they take to end up series.
    ← | →
  • Its incredible to hear out one of the establishing fathers of such a intriguing and imperative field of finance.
    ← | →

Short course

In New York (USA) and London

£ 2001-3000

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Description

  • Duration

    2 Days

  • Start date

    Different dates available

Modern finance portrays investment decision making as rational choice. However, pure rationality does not describe how decisions are truly made. This course examines:

(1) the various behavioural strategies that amateur and expert investors rely upon to make decisions (2) the structure and speculative dynamics of equity prices in world financial markets from the perspective of investor psychology (3) the practical implications of behavioural finance.

The course will enable participants to (i) understand and implement equity investment strategies based on key insights of behavioural finance, and (ii) to successfully manage business relationships with clients.

Facilities

Location

Start date

London
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34 Curlew Street, se12nd

Start date

Different dates availableEnrolment now open
New York (USA)
See map

Start date

Different dates availableEnrolment now open

About this course

The course is self contained but prior knowledge of standard concepts in modern finance is required (e.g., portfolio theory, CAPM, beta, efficient markets).

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Reviews

4.4
fantastic
  • Tutors were brilliant which made the classes even more fun. LFS staff is very friendly and the quality of education is high and challenging. Location is great also. I strongly recommend it.
    ← | →
  • In my formal instruction I realized what and who moulded the art of the venture business. In my LFS class, Dr. De Bondt shed new light on the advancement of new thoughts and the time they take to end up series.
    ← | →
  • Its incredible to hear out one of the establishing fathers of such a intriguing and imperative field of finance.
    ← | →
100%
4.4
fantastic

Course rating

Recommended

Centre rating

SD - Paula De .

5.0
11/11/2016
What I would highlight: Tutors were brilliant which made the classes even more fun. LFS staff is very friendly and the quality of education is high and challenging. Location is great also. I strongly recommend it.
What could be improved: Nothing.
Would you recommend this course?: Yes

Anonymous

5.0
08/10/2016
What I would highlight: In my formal instruction I realized what and who moulded the art of the venture business. In my LFS class, Dr. De Bondt shed new light on the advancement of new thoughts and the time they take to end up series.
What could be improved: Everything was positive.
Would you recommend this course?: Yes

Anonymous

4.5
05/10/2016
What I would highlight: Its incredible to hear out one of the establishing fathers of such a intriguing and imperative field of finance.
What could be improved: Nothing.
Would you recommend this course?: Yes

Anonymous

4.5
03/10/2016
What I would highlight: An extraordinary ride crosswise over 20 and more years of hypothesis and exact confirmation, extremely charming and imperative to develop chosen subjects.
What could be improved: Nothing.
Would you recommend this course?: Yes

Anonymous

4.0
03/10/2016
What I would highlight: All that I have learned here will bolster me at my work place. Exceptionally valuable and instructive articles were included in this course.
What could be improved: Everything OK.
Would you recommend this course?: Yes

Anonymous

3.5
09/09/2016
What I would highlight: LFS Courses are exhibited by experts that comprehend the level of material fund pioneers request in the event that they are to surrender time from their bustling calendars. Through luring high end teachers, the courses are introduced in a way that connections best scholarly research with the substances professionals confront.
What could be improved: Nothing.
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

This centre's achievements

2016

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 16 years

Subjects

  • Finance
  • Equity
  • Investment
  • Psychology
  • Financial
  • Financial Training
  • Decision Making
  • Psychological mechanisms
  • Investment strategy
  • Fundamental signals
  • Risk Management
  • Procrastination
  • Psychological
  • Business Relationships
  • Behavioural finance

Teachers and trainers (1)

Werner De Bondt

Werner De Bondt

Teacher

Werner F.M. De Bondt is director of the Richard H. Driehaus Center for Behavioral Finance at De Paul University in Chicago. Between 1992 and 2003, he was the Frank Graner Professor of Investment Management at the University of Wisconsin-Madison. Werner De Bondt studies the psychology of investors an

Course programme

Day One

Foundations of Behavioural Finance
  • Decision making
    - Modern vs. institutional vs. Behavioural finance
  • Judgement and choice: Psychological mechanisms
    - Sources of bias: Cognitive, emotional and socio psychological
    - Mental frames and pseudo beliefs
    - Gains, losses and risk taking. Prospect theory. Loss aversion
    - Heuristics
    - Why people do or do not learn from experience
  • Decision traps
    - Status quo bias. Default options. Inertia. Procrastination
    - Denial of losses. Delay. Escalation of commitment
    - Hindsight bias. The seven sins of memory
    - Regret. The power of counterfactuals
    - Unrealistic optimism. Wishful thinking
    - Overconfidence. Information overload
    - Social pressure and lack of self confidence
    - Gut feelings
  • Deceptive illusions: How investors mismanage their portfolios
    - Perceptions of prices
    - Perceptions of value
    - Risk management
    - Trading practices
Day Two

Equity Investment Strategy

  • Modern vs. Behavioural Finance
    - Central insights: Intuition is fragile. Institutional design and market psychology are key
  • Price and value
    - Theory of value. Arbitrage vs. fundamental value
    - Discount models and P/E ratios
    - Investor disagreement and market prices. Theory of marginal opinion
  • Return predictability in world equity markets
    - How much predictability do past asset return data show?
  • False beliefs
    - Irrational exuberance in world financial markets
    - Over and underreaction in the cross section of securities
    - Price trends and reversals
    - Fixation on reported earnings
    - Fixation on earnings targets
  • Strategic refinements
    - Fundamental signals
    - Value investing: how to separate winners from losers
Final review and Q & A session

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Behavioural Finance and Equity Investment Strategies

£ 2001-3000

The best Financial Markets courses

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