Portfolio Construction Implication
Behavioral biases may affect how investors construct portfolios from the securities available to them. One way to consider this issue …
Behavioral Models
Adviser-Client Relationship Implications
The success of the typical client/adviser relationship can be measured in four areas, and each one is enhanced by incorporating …
Uses and Limitations of Classifying Investors
In recent decades, financial service professionals and researchers have been attempting to classify investors by their psychographic characteristics—in other words, …