The purpose of the wealth management industry is to increase the value of your portfolio. Add a new focus to the industry's mission: your head. How an investor thinks and feels — not just about money ...

There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...

Investing in the financial markets is a complex endeavor influenced not only by economic factors and market dynamics but also by human behavior. Traditional finance theory assumes that investors make ...

Fama is captain of Team Efficient Markets and Thaler is captain of Team Behavioral Finance. Each represents conflicting academic market philosophies that have been warring for years. Market efficiency ...

Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Mental health and wellness is an integral part of everyone’s lives. In this ...

My earliest work in the field of behavioral finance in the late 1990s examined the correlations between investor behavior biases and the Myers-Briggs Type Indicator, or MBTI. I found some ...

Forbes contributors publish independent expert analyses and insights. Philip Maymin, a professor of analytics and AI, covers finance and AI. When our silicon brethren finally take over all securities ...

When it comes to financial affairs, there are two schools of thought: Traditional financial theory and behavioral finance. Traditional financial theory assumes that people make decisions by gathering ...

Than are dreamt of in your philosophy. -- Hamlet In Misbehaving: The Making of Behavioral Economics, Richard Thaler shares an amusing anecdote that has much wider implications for ordinary investors.

Understanding behavioral finance and economics can greatly improve your investing success. Two classic anomalies to be aware of are the quality-minus-junk anomaly and the disposition effect. The ...