Tag Archives: Illusion of Knowledge

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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Optimism Bias and the Illusion of Knowledge

Investors start each year determined to do better. With hindsight, last year’s mistakes always look obvious – surely we can learn from them. The second-half of 2011 was a dreadful period for small and mid cap companies, hitting most actively managed portfolios. Yet, history repeats; as with last year, the January effect has prevailed. Smaller […]

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