Financial markets aren’t filled with perfectly rational actors. Even professional investors, who make their living conducting investment research, see a persistent gap between real and reported ...

There’s an old saying among investors that “the market can stay irrational longer than you can stay liquid.” It’s a tongue-in-cheek nod to behavioral finance: the concept of applying rational thinking ...

Financial advisors and money professionals can choose from a range of books to supercharge their professional development, advice-giving strategies and money-management skills. Many workers in finance ...

When you think of the subject “Behavioral Finance,” your mind might veer toward behavioral biases. You might think of herding behavior and the role it played in meme stocks and the chaos of Silicon ...

Behavioral finance explores how psychology affects investing, notably via irrational decision-making. Common biases like risk aversion and herd behavior can lead to suboptimal investment choices.