Enterprising Investor
Practical analysis for investment professionals

emotional finance


An Emotional Finance Approach to Fund Management: Telling the Right Investment “Story”

Arriving at conviction is not just a simple matter of overconfidence, as is typically suggested by the behavioral finance literature. Investment managers construct narratives to understand prospective investments and often run the risk of being married to that story.

An Emotional Finance Approach to Fund Management: Stress-Coping Mechanisms

The practice of money management involves many intense stresses that can lead fund managers to develop emotional coping mechanisms that work against performance.