There are unavoidable constraints that burden our investment decision making and carry with them inherent emotional costs. But what kind of investment decision is the most emotionally difficult? We asked readers of CFA Institute Financial NewsBrief which they found the most taxing.
Client emotions can swing from fear to greed (and from hysteria to elation). Ron Florance, CFA, former deputy chief investment officer at Wells Fargo, outlines seven key principles that can help you convince clients to stay the course.
Probably no other phenomenon presents a greater challenge to the model of Homo economicus — and better examples of the complicated relationship we humans have with money — than this: Last year, the American public spent about $69 billion of their hard-earned money on lottery tickets, even though each individual's chance of winning is infinitesimal.
ReThink Group's Denise Shull advises Wall Street traders and investor on how to apply the latest finding from neuroscience to their work.
So what exactly is the behavior gap? It's what happens when we let emotion get in the way of smart financial decisions. In other words, it's the distance between what we should do and what we actually do.
Leadership-related news in March seemed to disprove the old adage “in like a lion, out like a lamb.” It was definitely an interesting month.
What do Homer’s Odyssey, Boombustology, and "financialese" have to do with wealth management? Quite a lot, it turns out.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.