Advertising and impulsive spending
In the video in this blog I discuss with the MoneyMail’s Rachel Rickard Straus the psychology of advertising, impulsive spending and self control.
Read More Advertising and impulsive spendingTag: behavioral finance
Different Minds: why we need human capabilities and machine intelligence*
“There have been great societies that did not use the wheel, but there have been no societies that did not tell stories.” —Ursula K. LeGuin To listen to some scholars of decision-making, it is a great wonder that humans have survived as long as they have. We are constantly prone to biases, rely on simplistic […]
Read More Different Minds: why we need human capabilities and machine intelligence*Share this:
‘The heart has its reasons’: emotions and cognition in the world of finance
Let’s call him James, a trader in a City investment bank; young, smartly dressed, confident, and a little impatient. He sat across from me in the interview: “It’s really important to stay cool. For myself, I can say that I really don’t have much emotion while I trade”. Half an hour later, as he relaxed […]
Read More ‘The heart has its reasons’: emotions and cognition in the world of financeShare this:
Investment, Emotions and the Temple at Delphi*
Can understanding the psychology of investment behaviour help you outperform the market? Probably not, but it can certainly help reduce the probability that you will under-perform the market. This matters, because the majority of private investors under-perform. One compelling piece of research evidence comes from a careful analysis, carried out by Dalbar research, of the […]
Read More Investment, Emotions and the Temple at Delphi*Share this:
Emotions and financial trading
Mark Fenton-O’Creevy and David Jones of IG Index discuss emotions and trading at the London Stock Exchange
Read More Emotions and financial tradingShare this:
Welcome to the emotional finance blog
Money fractures marriages, drives wars, inspires art, motivates some people to great achievements, leads others to despair. Fear, desire, love, hate, jealousy, anger, anxiety, relief, shame and many more shades of emotion may attach to money in the course of an ordinary day. (Photo credit: @Doug88888) Yet, economic accounts of human financial behaviour focus on […]
Read More Welcome to the emotional finance blogShare this:
LIBOR, rogue traders and the supply of motivated offenders
A brief trawl of media comment on the banking industry over the last few years suggests that the industry is awash with criminals and fraudsters. The picture of traders, often presented in the press, is of amoral risk-takers with bosses who are always ready to turn a blind eye if profits are being made. There […]
Read More LIBOR, rogue traders and the supply of motivated offenders