Heuristics are Biased. But are They Lazy and Dumb? Behavioural Finance, MarketFox In this second instalment of the four part series on the criticisms of behavioural economics, MarketFox columnist Daniel Grioli looks at heuristics: are they lazy and dumb? Read More
Are We Biased? Bringing Time Series into Behavioural Finance Behavioural Finance, MarketFox Before becoming a professional investor, I was a psychology student at the University of Melbourne. The course took me on an interesting personal journey. In first year, we studied the classic research. Studies such as Pavlov’s conditioning experiments with dogs, Asch’s conformity studies, Milgram’s coerced compliance experiments and Zimbardo’s infamous Stanford prison experiment. By the […] Read More
Investing Alongside Machines Behavioural Finance, Innovation In his new book ‘Cyborg’, Simon Russell explores how investment teams and artificial intelligence could come together. And it is not as scary as you might think it is. Read More
Quants Part I: Are Quants the Chiropractors of Finance? Behavioural Finance, Factors, Quant & Systematic, MarketFox The danger of relying too much on quantitative models is the implicit belief that unless something can be measured and identified as a factor it doesn’t really exist, Daniel Grioli writes. Read More
Curing the Gaussian Brain Behavioural Finance, Risk and Regulation Emotions don’t stand in the way of sound financial decisions-making; they are crucial to it. Read More
Fear of the Unknown Behavioural Finance, Equities, Risk and Regulation It is not just risk that affects investment returns, but aversion to ambiguity also impacts the potential upside, new research has found Read More
The Fluidity of Risk Appetite Behavioural Finance Risk appetite is not a static condition, academic research has found. Read More