Abstract
Investment managers are expected to act rationally and to incorporate all available information into the decision-making process. Many are often wrong, however, which raises important questions about the risks associated with human judgment. Behavioral flaws such as overconfidence, temptation, self-interest, fear, and greed lead to irrational behavior and impaired judgment. In the investment arena, these flaws are prevalent, dependable, systematic, and exploitable.This presentation comes from the Investing Worldwide VI conference held in Manalapan, Florida, on February 5-7, 1995.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
