Overconfidence bias is a behavioral principle that can be used to describe overestimating one's financial acumen. Investors may be tricked into thinking they can beat the market or may suffer higher ...

We are all constantly making predictions about our lives, both professionally and personally. For financial professionals, predictions can have a drastic impact on a client’s financial success. This ...

Behavioral biases, which are psychological tendencies, can influence an investor's decisions more than they realize. Common biases include herd mentality, overconfidence, confirmation bias, loss ...

Catholic bishops in India walk to the altar for the installation ceremony of Bishop Poola Anthony as the new Archbishop of Hyderabad at Saint Mary's School grounds in Secunderabad, the twin city of ...

This is the seventh article in a series focusing on the Big Five personality traits and how they relate to the behavioral biases of investors. Over the years, I have followed a debate between the ...

The late psychologist Daniel Kahneman once said if he could wave a magic wand and get rid of any bias, he would choose overconfidence. However, overconfidence is here to stay. In a new study in ...

When it comes to investing, it’s best not to trust your memory, according to a new study co-authored by Philip Fernbach, professor of marketing in the Leeds School of Business at the University of ...

In my work as a CEO coach, I have grown accustomed to working with executives who are self-assured and confident. These leaders have put in decades of hard work, and have the accomplishments to show ...