Behavior Finance: Money on Mind
What you'll learn
- Types of Behavioral Bias
- Types of Investors based on Behavior Bias
- Investment Bias
- How to Overcome Investment Bias
- Interest in managing own money!
Are you tired of losing money? Are you wondering why you are tempted to invest in particular investment and then lose money? Are you confused about your instincts? In this course we will address all of these issues.
We will discuss theory behind 'Behavior Finance'. Unlike traditional theory where we define investor as active or passive, I will dig deep down and discover bias held by investors. I will discuss 20 different kinds of bias we face when making an investment. I will then classify investors based on these biases and provide recommendations to overcome these biases which can be having negative impact on you or your customers investment.
Behavioral finance is a field that combines psychology, economics and social sciences to identify and understand why people make certain financial choices, This can help advisors develop long-term relationships with their clients and build portfolios better suited to their clients. Investors are human, and therefore have the tendency to make emotional, biased investment decisions. Understanding the psychological or emotional factors that predispose investors to behavioral biases can help advisors differentiate their services and ultimately better serve their clients.
In the midst of current heightened market volatility, you need to focus on behavioral aspects of wealth management, and develop a greater understanding of how biases can impact clients’ investment decisions. Incorporating behavioral finance principles taught in this course is key to enhancing the client experience, deepening relationships, retaining clients and potentially delivering better outcomes.
My name is Omar Khan and I have more than 10 years of experience in helping more than 250 clients to bring their ideas to reality! I am here to help bring your idea to reality by connecting the dots for you.
Who this course is for:
- Finance Professional, CFA Students, Investors, Financial Advisors, Students
Omar Khan has experience of working with more than 250 companies in last 10 years. His capacity to synthesize information and structure data helped him design growth strategies for tech startups in various industries (PropTech, MedTed, Fintech and Blockchain in particular). After completing MSc in International Finance from Scotland(UK), He traveled to more than 30 countries to broaden the horizon in the area of cultural impact on business practices in various industries.
He is avid reader on diverse subject areas to broaden his understanding of world to connect the dots. He loves to share his knowledge in simple cohesive manner to his friends and audience by leading a local knowledge sharing public group.
Appreciate your curiosity to learn and taking his courses.
His favorite quote: "Stay curious, stay awesome!"