Basics of Behavioural Finance
Get to know the behaviours that may be impacting you and your financial decisions with our series of short videos.“Knowing yourself is the beginning of all wisdom.” - Aristotle.
Understanding the different behaviours and biases and their impact can help you make better financial decisions.
Herd Influence
Are you influenced by thoughts and actions of others?
Confidence
Not as good as you think you are?
Optimism
Do you overestimate the chances of success and underestimate the risks?
Loss Aversion
Does the pain of losing affect you more than the pleasure of winning?
Regret Aversion
Are you overly influenced by your fear of making the wrong choice?
Ambiguity Aversion
Can you only cope with measurable risk?
Impulsivity
Do you favour immediate rewards at the expense of your long-term goals?
Projection
Do you think your situation will remain the same over time?
Anxiety
Are you easilty influenced by short-term uncertainty?