Behavioral finance plays a role in investors' decisions. Investors think they're sensible, good investors and independent thinkers. But studies show that investors behave irrationally. Behavioral ...

As advisors incorporate behavioral finance more in their practices, the focus has been entirely on the potential harm investors might cause themselves through their own biases. However, advisor biases ...

This article was written by Mark Gorzycki and Mahesh Kashyap, co-founders of Kievanos. As a species that relies heavily on cognitive ability for our evolutionary success, it’s no surprise that many of ...

Drawing incorrect conclusions, based on ill-conceived heuristics, can lead to bad decision making. This is cognitive bias. Researchers have identified an enormous range of cognitive biases that can ...

Investing can be exciting and rewarding, but it can also be fraught with psychological pitfalls and emotional detours. While charts and numbers play a pivotal role, it's important to recognize that ...

Investors are human. And as humans, they're prone to biases and psychological influences that lead to irrational decision-making. You need only look at the stock market – which has soared to all-time ...

Human beings are wired to make decisions quickly and depend on past experiences to inform action. These tendencies can serve us well at times, but they can get in the way when managing investments.

As an advisor to several starting entrepreneurs launching a startup app idea, I find it interesting how entrepreneurs come up with ideas and plans. Most of the time, our decisions are influenced by ...

Your investment decisions may be based on more than your knowledge of the markets. Money itself is a very emotional topic — greed, fear of loss and worry about making ends meet can all impact how we ...

Although finance is driven by hard numbers, emotions such as fear, elation or anxiety also influence decision making. This has been especially true during the heightened economic stress of the ...

Advisors consider “recency” bias one of the most pernicious examples of biases affecting their clients’ decision-making, according to a new study from Charles Schwab Investment Management. The “BeFi ...