Practical Applications of Influence of Behavioral Biases and Decision-Making Tools on the Performance of Secondary Equity Investors

Abstract

In <b><i>Influence of Behavioral Biases and Decision-Making Tools on the Performance of Secondary Equity Investors</i></b>, from the August 2020 issue of <b><i>The Journal of Wealth Management</i></b>, authors <b>R. Renu Isidore (Loyola College), P. Christie (Xavier School of Management)</b>, and <b>C. Joe Arun (Loyola College)</b> examine two factors that influence successful investors in India: their biases and their decision-making tools. The authors measured nine behavioral biases and five decision-making tools and used an analysis of variance test to determine which biases and decision-making tools characterize investors who earn high returns from equity investments. The authors offer their findings as a framework to help equity investors earn good returns and be successful in the market. <b>TOPICS:</b>Wealth management, equity portfolio management, emerging markets