behavioural economics

Investors are more optimistic now than a year ago but they're also less certain of their own judgement, a global Schroders study shows

There are now 180 known cognitive biases, many of which impact our investing approach. One is all about confidence.

InvestSMART's Evan Lucas shares his top tips for investors trying to beat the market - and your emotions.

Ann is hardworking and fearless. She's wonderfully warm and frank. She's also the first former financial adviser that we have spoken to as part of our Meet the...

How many New Year’s resolutions have you already consigned to the dust bin? If the answer is none, I’m guessing that’s probably because you learned long ago that it’s...

In this most unpredictable of years, is today the point of maximum uncertainty? As you read these words, the list of things we don’t yet have an answer to is long and...

A monthly wrap-up of interesting and informative media on finance, economics, politics and society that you might have missed. Finance Close to half of US retail...

You wouldn’t be human if you didn’t fear loss.Nobel Prize-winning psychologist Daniel Kahneman demonstrated this with his loss aversion theory, showing that people...

There is a certain seductiveness to a bearish investment argument. The chance to appear like a rational actor in a crazy world. The opportunity to be able to say “I...

Behavioural economists will tell you that big, round numbers (like 7,000) can have a large influence on investor emotion and behaviour. Round number bias is described...

Behavioural economics moved into the mainstream when psychologist Daniel Kahneman was awarded the Nobel Prize for economics. Ironically, his work was critical of...

The study of behavioural economics allows us to better understand the decisions we make. We show how behavioural finance can lead to better investment decision making....

Are you the hunter? Or the hunted? Never thought about it like that when it comes to investing? Well then you are the hunted. The hunter is patient. Very patient....

For decades, the prevailing view of financial markets was one of rational actors creating efficient prices. In recent years, particularly in the wake of the GFC,...

The concept of ‘herding’ is a powerful lesson that investors should not ignore. Herding is the bias that can lead investors to follow the crowd, whether they genuinely...