Tag Archives: bubbles & crashes

Illusory liquidity and other risks from misguided central bank policy

Does liquidity matter? Not, it seems, to regulators and central banks. Little thought is being given to the global systemic risk created by today’s liquidity illusion. In a world awash with money, trading is actually drying up, with little depth in many markets. Entering positions is easy, but the exit doors could prove surprisingly narrow. […]

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Behavioural Finance Jan 2013

“Behavioural Finance & Investment”  MSc in Investment Management, Heriot-Watt University 22 January 2013 Presentation by Professor Colin McLean I am going to focus on some practical ways in which behavioural finance can be applied day-to-day, and draw some conclusions about what we can do about psychology.  I am not going to tell you to try […]

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