Behavioral Finance

Ben Graham told a story 40 years ago that illustrates why investment professionals behave as they do: An oil prospector, moving to his heavenly reward, was met by St. Peter with bad news. “You’re qualified for residence”, said St. Peter, “but, as you can… more »

Following book has been recommended in today's Finanz & Wirtschaft by Prof. Thorsten Hens, Institute for Banking and Finance of the University of Zurich:click on picture to go to the related Amazone page"Inside the Investor's Brain provid… more »

...how would they have answered the BF-test linked in the title? One thing seems evitable: Both of them pursued trains of thought that, each from his respective background have profoundly contributed to what BF is today: 1. Perception precedes actio… more »