Behavioural Finance & Investment Implications - Inhouse
Short course
Inhouse
Description
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Type
Short course
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Level
Advanced
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Methodology
Inhouse
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Class hours
2h
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Start date
Different dates available
This short briefing details the main facets of Behavioural Finance with important implications for all those involved in Investment. Suitable for: Fund Managers Private Bankers Analysts Stockbrokers
Facilities
Location
Start date
Start date
Reviews
Subjects
- Behavioural Therapy
- Psychology
- Behavioural Safety
- Investor Relations
- Investment
- Finance
- Financial
- Behavioural intervention techniques
- Finance strategy
- Rational investor
Course programme
Background
Behaviour Finance is a relatively new area in the field of Investment. In contrast to Efficient Markets Theory it examines psychological bias as opposed to the neutral Rational Investor behaviour expected in classical investment theory.
Both the recent financial crisis and laboratory experiments have indicated the reality of Behavioural Finance and hence its importance.
This short briefing details the main facets of Behavioural Finance with important implications for all those involved in Investment.
Content
How perception can be faulty
Rational minds can be irrational
Investor defects
- Overconfidence - Hindsight bias
- Short Term Focus - Hot Hand Facility
- Mental Accounting - Anchoring
- Regret - Trend Continuation
Tools to overcome Behavioural Bias
Rules review from successful Investment Managers that help overcome bias.
Behavioural Finance & Investment Implications - Inhouse