“The investor’s chief problem – and even his worst enemy – is likely to be himself.”
- Benjamin Graham, legendary investor
Behavioural Finance is the study of behavioural and cognitive psychological theory combined with finance in an attempt to explain why people make irrational financial decisions. The videos included below each cover a specific cognitive bias and provide some explanation for the underlying reasons behind certain decisions.
Confirmation Bias
Herd Behaviour
Anchoring
Prospect Theory