Human Error and Behavioral Biases

A recent article in Morningstar addresses the subject of behavioral biases and how they affect investment decision-making. “Most investors,” it says, “could improve their portfolio risk management by turning the…

The Mental Roadblocks Faced by Investors

An article in CNBC.com offers an overview of seven cognitive biases that can significantly impact investor decision-making. “Given the foundational level at which these biases exist,” the article contends, “they…

The Psychology of Loss Aversion

An article in Psychology Today discusses loss aversion, and how regulating emotion and taking a different perspective can reduce it—and “help people overcome potentially disadvantageous decision biases.” Loss aversion, the…