CFA Institute Behavioral Finance

What Cocktail Parties Teach Us: The Brain is Wired to Focus on Just One Thing

Tue, 01 May 2012 15:42:48

Researchers have discovered that the human brain is hardwired to focus on just one thing at a time. Implications of this are discussed.

Herding Apples

Fri, 04 May 2012 11:16:09

Can new methods help investors avoid stampedes?

Earnings Conference Calls and Stock Returns: The Incremental Informativeness of Textual Tone

Thu, 10 May 2012 09:16:04

Corporate disclosures are increasingly being announced via quarterly earnings conference calls. In addition to factual information, language and tone play an important role in predicting abnormal returns and trading volume. Earnings surprises over the 60 ...

Murder on the Orient Express: The Mystery of Underperformance

Mon, 21 May 2012 14:36:02

Evidence increasingly shows that a ?crime? of extensive underperformance has been committed in mutual funds, pension funds, and endowments. In a pattern reminiscent of Agatha Christie?s famous novel Murder on the Orient Express, an investigation leads ...

How Near-Miss Events Amplify or Attenuate Risky Decision Making

Thu, 24 May 2012 14:15:36

Why are some prepared for disaster and others not? The answer depends on how individuals interpret prior ?near-miss experiences.? The results may hold lessons for attitudes toward investment risk. Registration/subscription may be required to access this ...

66th CFA Institute Annual Conference

Mon, 30 Apr 2012 15:18:33

The risk, opportunities, and challenges facing the global investment profession are as complex as ever and investment professionals must remain current. If you attend only one investment conference this year, make sure it?s the CFA Institute Annual ...

Behavioral Finance and Equity Investment Strategies

Thu, 10 May 2012 10:17:25

Modern finance portrays investment decision-making as rational choice. However, pure rationality does not describe how many decisions are truly made. This course examines (1) the behavioral strategies that amateur and expert investors rely upon to make ...

Behavioral Finance and Financial Decision Making

Thu, 24 May 2012 09:51:14

In the first part of the morning, the course goes through a quick review of the behavioral biases that can have an effect on financial decision making, and what this effect can be. We also look at where and why these biases are so entrenched in our ...

World Debt Crisis: Endgame Scenarios and What They Could Mean for Investors

Thu, 03 May 2012 09:04:42

Watch an archive of of the panel discussion with Anatole Kaletsky, Barry L. Ritholtz, David Rosenberg, and John F. Mauldin in which they discuss: How the effects of deleveraging will increasingly shape the economic environment and policy ...