Back at my old stomping grounds, I used to write about the same topics that I currently write about at Baseball Prospectus, but when I wrote about a behavioral phenomenon that had particularly ...
IMAGINE you meet someone in a suit, talking confidently about stocks. You might instantly think, “He must be good with money.” Why? Because he fits the image of a successful investor. That’s ...
Representative Heuristics help people make decisions quicker but it generate some severe biases. Good Company = Good stock? Why investors prefer growth style? Investors like to chase winners and ...
When ordinary people make judgments or inferences, they do not operate like a logician or statistician might. They fail to use some of the relevant information, and they fail to ignore other ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Behavioural investing is quite different from the common practices of fundamental analysis and quantitative ...