Where are you growth?

Where are you growth?

by | Apr 20, 2018 | Behavioral Finance

Where is your growth? by Thomas Charpillet Last weekend, I booked a trip to Croatia for my summer holidays. With new technologies, everything goes so fast and, especially, it has never been so easy to travel. I used the well-known website: Airbnb. I was able to rent...
The Disposition Effect

The Disposition Effect

by | Apr 8, 2018 | Behavioral Finance

The Disposition Effect  Download PDF  In an efficient market, of course, the disposition effect should not be present; the price paid for the asset is a sunk cost by the time of sale. However, the field of behavioral finance has proven many times that it was false: we...
The Prospect Theory

The Prospect Theory

by | Mar 12, 2018 | Behavioral Finance

The Prospect Theory Open PDF =>    The prospect theory was developed by Daniel Kahneman and Amos Tversky between 1979 and 1992. They showed how human decisions depart from those predicted by standard economic theory in decision-making under uncertainty. The...

(strategic) Lethargy

by | Jan 30, 2018 | Behavioral Finance

(strategic) Lethargy Download PDF Scientist and philosopher, Blaise Pascal, extoled in the year 1654 what a majority of investment management professionals still can’t understand: ‘All of humanity’s problems stem from man’s inability to sit quietly...

Second Order Thinking

by | Jan 30, 2018 | Behavioral Finance

Second Order Thinking  Download PDF  “First-level thinkers think the same way other first-level thinkers do about the same things, and they generally reach the same conclusions. By definition, this can’t be the route to superior results. The problem is that...