…reasons: either they are riskier than the market and investors get paid for taking on that risk, or they capitalize on some sort of systematic mispricing due to investor behavior….
Search Results for: psychology OR behavior
Chris Davis of Davis Advisors Shares Market Insights
…clients. He explains that client returns are dependent on both investment results and investor behavior. Financial advisors, he says, add value by managing client behavior, by saving clients from themselves.”…
Value Managers are Fighting Back
…to investors’ paying “way more than usual for the stocks they love versus the ones they hate,” noting that the behavior is not based on what he would consider “a…
The Case For Value Stocks
…I have learned in over a decade of managing money, it is that no matter how much things change over time, investor behavior remains fairly consistent, since it is a…
Sam Zell: Pandemic to Permanently Scar Economy
…in human behavior that will negatively impact many business models. This according to a recent interview with Bloomberg. Zell said, “We’re all going to be permanently scarred by having lived…
Behavioral Finance and How to Avoid Making Poor Investing Decisions
…for Brinker Capital. Specifically, Dr. Crosby shared valuable insights and tips regarding human psychology, behavioral finance, the market and how investors can avoid making poor decisions during this time of…
Excess Returns, Ep. 21: Interview: Psychology and COVID-19 with Dr. Daniel Crosby
…all of us as people. To do that, we brought in an expert of human psychology and behavioral finance, Dr. Daniel Crosby. Daniel is the author of the Behavioral Investor…
The Value Premium is Smaller, but Not Dead
…to a shift in investor confidence (and behavior). But the findings published in the paper were inconclusive—while the authors acknowledge that the value premium has in fact decreased, they attributed…
Some Thoughts on the Struggles of Factor Investing in the Past Decade
…to the market over time. Whether the explanation of that excess return is risk or behavior–based, or a combination of both, is the subject of significant debate, but there is…
Behavioral Finance and the Big Five
A recent Morningstar article is the first in a new series that will share insights from the study of the “Big Five” personality traits and their relationship to investor behavioral…