Behavioral finance offers a unique perspective on investment decision-making. Integrating psychology and traditional finance theory can minimize emotional decisions and mitigate their impact.
Behavioral finance is the natural intersection of psychology and finance—especially psychology’s influence on financial decision-making. Behavioral finance can apply to both individuals and ...
Books and articles on behavioral finance tend to discuss "the crazy things that clients sometimes do and not a lot about what we, as practitioners, are supposed to actually do about it," said Kitces, ...
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 ...