Wednesday, August 12, 2009

An introduction to behavioral finance

The Globe and Mail has webbed an article that provides a basic introduction to behavioral finance, with four biases explained therein. It's entitled "Bad habits sow bad investments: Avoid traps created by overconfidence, herding, anchoring and regret." The four biases are explained in everyday terminology.

The authority quoted is Lisa Kramer. Her University of Toronto Web page is here.

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