Behavioral finance is the study of how psychology affects investor behavior and financial markets. The study of behavioral finance relies on the assumption that investors and other financial ...

Investors can have emotional – and sometimes irrational – reactions to market activity, often due to behavioral biases. As an advisor, it's important to identify these so that you can provide the ...

Investors can have emotional – and sometimes irrational – reactions to market activity, often due to behavioral biases. As an advisor, it's important to identify these so that you can provide the ...

Financial markets aren’t filled with perfectly rational actors. Even professional investors, who make their living conducting investment research, see a persistent gap between real and reported ...

In This Episode, You’ll Hear... In This Episode, You’ll Hear... You can listen to this and other episodes of the Big Picture in Practice podcast by Morningstar on all major streaming platforms. You ...

Robert Shiller, a professor of economics at Yale University, made a prediction in 2005 that a massive bubble was developing in the housing market, and was proved right just two years later, it seemed ...

This event is now available on-demand. If you have previously registered for this event please click here and login using the email that you used to register. You wouldn’t start a client relationship ...

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 ...

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 ...

Behavioral finance advisors, or BFAs, are trained to help clients navigate the emotional and practical aspects of their finances. After all, investing should be a science, but it's often an art. And ...