“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

 

The Psychology of Successful Investing

  - Bill Ackman

 

It is time - not timing - that makes you successful in the market

   - James P. Owen, excerpt from 10 most common mistakes affluent investors make and how to avoid them