标题: Has anyone mastered behavioral finance [打印本页] 作者: krause2 时间: 2011-7-13 17:25 标题: Has anyone mastered behavioral finance
I am finding that the psychology section is driving me nuts. Going over the practice questions, they are so vague and open to interpretation. When they give a condition and ask you to identify the proper behavior, there are probably a number of different behaviours you can quote and not be sure which is the right one. I find representativeness is the worst offender since it is so vague and difficult to put a solid definition to. Who has mastered Behavioral finance and can lend me some wisdom so that I too may master it.作者: justin88 时间: 2011-7-13 17:25
agreed representativeness is based on stereotypes .........but is so malleable you can use it to argue he is exhibiting representativeness since he expects past performace results to continue in future作者: cityboy 时间: 2011-7-13 17:25
If we all mastered Behavioral Finance, we would have no need to study it.
If overconfidence and prudence are the two ends of the spectrum, I'm in between. But I am still exposed to heuristic bias, so I, as an investor, have no choice but ASKing help from PROfessionals.作者: pennyless 时间: 2011-7-13 17:25
Its not knowledge of English that is the limitation here. sometimes it appears vague , and not very different among the choices作者: lcai 时间: 2011-7-13 17:25
janakisri Wrote:
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> Its not knowledge of English that is the
> limitation here. sometimes it appears vague , and
> not very different among the choices
I feel more comfortable with behavioral finance now. Thank you !