Behavioral Finance: The Psychology of Human Misjudgment

Behavioral Finance: The Psychology of Human Misjudgment

BEHAVIORAL FINANCE is a relatively new area of study. 

Blending together psychology and finance, this subject came about as professors and practitioners of both professions found themselves faced with an inescapable truth:

PEOPLE ARE EMOTIONAL ABOUT MONEY!

Not only are people emotional about money, but this emotion and the misjudgement that it causes has a huge negative affect on the average person's finances.

Understanding the Psychology of Human Misjudgement, made popular by Warren Buffett's right hand man Charlie Munger, will help you to make better financial decisions, be a better investor, and help you build wealth much faster.

In this course you will learn:

1. Contrast Misreaction Tendency

2. Social Proof Tendency

3. Deprival Super Reaction Tendency

4. Over Optimism Tendency

5. Pain Avoiding Tendency

6. Reciprocation Tendency

7. Influence from Association

8. Envy/Jealousy Tendency

9. Kantian Fairness Tendency

10. Curiosity Tendency

11. Inconsistency Avoidance Tendency

12. Doubt Avoidance Tendency

13. Disliking Tendency

14. Reward/Punishment Super Response Tendency

15. Stress Influence Tendency

16. Availability Misweighing Tendency

17. Use it or Lose it Tendency

18. Drug Misinfluence Tendency

19. Senesence Misinfluence Tendency

20. Authority Misinfluence Tendency

21. Twaddle Tendency

22. Reason Respecting Tendency

23. Lollapalooza Tendency

Join the course and use your new understanding of Behavioral Finance to make better investing decisions and build more wealth faster than anyone that does not understand these fundamentals principles!

How psychology and behavioral finance will make you a better decision maker

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What you will learn

• Apply psychological principles to investing
• Apply psychological principles to relationships
• Apply psychological principles to work

Rating: 4.05

Level: Beginner Level

Duration: 4 hours

Instructor: Greg Vanderford