March Main Event: Managing the market with two speakers
Speaker Bio & Session Info
- Richard Lehman, Ph.D. is an instructor on behavioral finance at University of California Berkeley Extension and author of several books on investor behavior and option strategies. He spent over a decade working for brokerage firms on Wall Street and the New York Stock Exchange. He runs his own investment advisory firm and launched a website dedicated to behavioral finance.
- To Improve Performance, Ditch Emotions, Instincts and Overconfidence
- It is widely acknowledged that individual investors underperform the market averages over the long term. Over the past 20–30 years a huge body of academic research has provided enlightenment on this phenomenon. It is not financial or economic research, it is behavioral research. And it is showing that the best way to improve your investment performance is to change your behavior, not your strategy. The financial industry has embraced this message, as financial degrees and certifications now require education in behavioral finance. Individual investors have even more to gain by modifying their behavior as well.
- You will learn:
- How much individuals underperform the market averages
- What the key behavioral factors are that hinder investment performance
- How investors can begin to improve their performance by addressing their behavior
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