"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!" Behavioral Finance seminar attendee
Program Date:
Date and Time: September 18, 2010,
8:00 am to 4:00 pm Location: Club Quarters Hotel (Central Loop), Chicago, IL
Tuition:
Tuition: $1,100.00 (US Dollars) per person; the rate includes continental breakfast, lunch, the seminar book(s) and any other related learning support material.
Special Discounts:
"Early Bird" Discount: Register by August 18, 2010 and receive a 10% discount.
Corporate Discount: A 10% discount is available to companies with a minimum registration of three individuals.
How To Register?
Space is limited so please register right away to reserve your seat. To register and pay your tuition just click on this link: Online Registration
Mailing Address:
Academy of Behavioral Finance & Economics
P.O. Box 157
Montrose, CA 91021-0157
The Psychology of Decision Making (Behavioral Finance) in a Nutshell!
How does the 'black box' of a brain make decisions? Think of the human brain as a filter that takes in all sorts of information and data (input) for further processing and computation; just like a computer, but a very basic computer with very limited computational capabilities. Our choices and decisions use the resultant computations (output). Because of our cognitive limitations, both psychologists and neuroscientists tell us that the brain may "pick and choose" the bits and pieces of info/data that it filters in - often subconsciously! The biased use of filtered input combined with the influence of emotions and mental shortcuts lead people to make seemingly poor and irrational choices. These problems are exacerbated for decisions involving higher levels of complexity and uncertainty, characteristics common to financial decisions. In a nutshell, this is the basis of the revolutionary science of financial decision-making known otherwise as behavioral finance!
Understanding psychological biases compliments the traditional finance tools. In fact, Behavioral Finance explains why we often fail to use these tools and therefore make suboptimal choices.
INVESTMENT SEMINAR 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 Investment professionals across different financial markets. Then it discusses the steps that such professionals can take to mitigate these problems utilizing well developed tools and practices.
Morning
Afternoon
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
Valuation of assets/securities, price anomalies, equity premium, and bubbles.
Investment and trading strategies in behavioral finance
Case Study and Analysis
WHO SHOULD ATTEND? The target audience for the Investment seminar is portfolio managers, security analysts, traders, bankers, and financial advisors and consultants. A working knowledge of the financial markets and securities is required for enrollment in and successful completion of this seminar.
Core Faculty Group : please see the complete brochure
The Complete Brochurem : to immediately receive the complete brochure please clickhere
Second Annual Meeting of the Academy of
Behavioral Finance & Economics