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The Academy of Behavioral Finance
Behavioral Finance Seminars &
Behavioral Finance Training
Summer 2010;
July 15 & 16,
2010,
Los Angeles, CA
Capitalizing on
Irrational Markets & Irrational Managers and Investors!
“I have been struggling throughout the (traditional)
financial management curriculum to reconcile the chaotic behavior I saw in the
stock market with the theory I was learning, and it just wasn't making any
sense to me conceptually -- now I know why!”
Seminar in Behavioral Finance Attendee
SEMINAR I- INVESTMENT
The objective of this
seminar is to identify and avoid key psychological errors. Specifically, it
offers a clear understanding of (and an appreciation for) the underlying
psychological factors and processes that result in nonoptimal decision making
by financial managers and investors across different financial markets. Then it
discusses the steps that managers and investors can take to mitigate these
problems utilizing well developed tools and practices of theory.
Day 1:
·
The
psychology of decision making under conditions of risk and uncertainty
·
Neuro-Finance:
How decisions are made in the brain
·
Behavioral foundations of finance
with special focus on perceptions of risk and reward
·
Prospect theory; Loss
Aversion; Disposition effect; Overconfidence; Heuristics
and emotions
Day 2:
·
Valuation
of assets/securities- value creation, and value destruction in the corporate
world
·
Price Anomalies; IPO under-pricing;
Equity premium; Bubbles
·
Investment and trading strategies
in behavioral finance
·
Mergers
and acquisitions- investment lessons learned
·
Financial regulation
and policy
WHO SHOULD ATTEND?
The target audience for
the Investment seminar is portfolio managers, security analysts, bankers, and
financial advisors and consultants. A working knowledge of the financial
markets and securities is required for enrollment in this seminar.
SEMINAR 2- BEHAVIORAL CORPORATE FINANCE
A study of
the key psychological obstacles to value-maximizing behavior and steps that
managers can take to mitigate them using the traditional tools of corporate
finance. The focus of this seminar is on understanding the underlying factors
and processes that result in nonoptimal decision making by financial managers.
Day 1:
·
The
psychology of decision making under conditions of risk and uncertainty
·
Neuro-Finance:
How decisions are made in the brain
·
Behavioral foundations of finance
with special focus on perceptions of risk and reward
·
Prospect theory; Loss
Aversion; Disposition effect; Overconfidence; Heuristics
and emotions
Day 2:
·
Expert
decision-making and the “10-year rule” of expertise
·
Rational Managers/Irrational Markets and
Corporate Decisions
·
Rational Markets/Irrational Managers and
Corporate Decisions
·
Behavioral Pitfalls in Capital Budgeting
and Mergers and Acquisitions
·
Dividend Policy Decisions
·
Agency Conflicts and Corporate
Governance
·
Group Decision Making - Behavioral
Pitfalls
WHO SHOULD ATTEND?
The target audience for
the Corporate Finance seminar is managers, bankers, portfolio managers,
security analysts, and corporate consultants. Basic managerial experience along
with a working knowledge of the financial markets and securities is required
for enrollment in this seminar.
CORE FACULTY GROUP COMPLETE
BROCHURE
TUITION:
Tuition: $2,950.00 (US Dollars) per person; the rate
includes the seminar book(s) and any other related learning support material.
Special
Discounts:
·
“Early
Bird” Discount: Register by June 11, 2010 and receive
a 10% discount.
·
Corporate
Discount: A 10% discount is available to companies with a
minimum registration of five individuals.
·
Academic
Discount: A 20% discount is available to full-time
university faculty. (Qualified doctoral students may email us directly for
special discount availability).
HOW TO REGISTER?
·
Space is limited so please register
right away to reserve your seat(s).
·
As we are currently upgrading our fully
secure online Registration System to accept major Credit Cards, please email us
you need(s) at staff@aobf.org so that our Program Director
gets back to you as soon as we receive your request. We much appreciate your
interest in ABF’s Seminars.
CONTACT INFORMATION:
·
Email (for faster
response): staff@aobf.org, or
·
Phone: 818-236-2145
·
Mailing Address:
Academy of Behavioral Finance & Economics
P.O. Box 157
Montrose, CA 91021-0157
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Behavioral Finance & Economics
Second Annual Meeting of the Academy of