author: michael m pompian

Behavioral Finance and Wealth Management: How to Build Investment Strategies That Account for Investor Biases

... Stock Returns” (Journal of Finance, 1992), the managers are being unduly criticized. In this example ... pitch complete games. Thus, the only way to measure their effectiveness was ... stocks outperforming large-capitalization stocks came into ...

Behavioral Finance and Investor Types: Managing Behavior to Make Better Investment Decisions

... risk tolerance quiz and determine that he is a con- servative investor. After that, you give him a test for behavioral biases of conservative clients. Based on the answers to the bias questions you deter- mine that Stan is a Preserver ...

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