behavioral finance

Educational articles in this subcategory.

Sunk Cost Fallacy in Stock Ownership

**Intermediate** | Published: 2025-12-28 ## Why It Matters Sunk cost fallacy—the tendency to **continue holding an investment because of previou...

intermediate2025-12-28

Availability Heuristic in Market Crashes

**Intermediate** | Published: 2025-12-28 ## Why It Matters Availability heuristic—the tendency to **judge probability of events by the ease with...

intermediate2025-12-28

Overconfidence Bias in Bull Markets

**Intermediate** | Published: 2025-12-28 ## Why It Matters Overconfidence shows up most dangerously after winning streaks: **you attribute skill...

intermediate2025-12-28

Anchoring on Purchase Price Mistakes

**Intermediate** | Published: 2025-12-28 ## Why It Matters Anchoring on purchase price—the tendency to evaluate stocks relative to what you paid...

intermediate2025-12-28

Confirmation Bias in Stock Research

**Intermediate** | Published: 2025-12-28 ## Why It Matters Confirmation bias—the tendency to seek, interpret, and remember information that conf...

intermediate2025-12-28

Herd Behavior During Market Manias

**Intermediate** | Published: 2025-12-28 ## Why It Matters Herd behavior—the tendency to follow the crowd rather than independent analysis—shows...

intermediate2025-12-28

Loss Aversion and How to Counter It

**Intermediate** | Published: 2025-12-28 ## Why It Matters Loss aversion—the tendency to experience losses more intensely than equally sized gai...

intermediate2025-12-28

Recency Bias During Sell-Offs

**Intermediate** | Published: 2025-12-28 ## Why It Matters Recency bias—the tendency to overweight recent events when forming expectations—shows...

intermediate2025-12-28

Disposition Effect and Taxable Accounts

**Intermediate** | Published: 2025-12-28 ## Why It Matters Disposition effect—the tendency to **sell winning stocks too early** (to "lock in" ga...

intermediate2025-12-28

Mental Accounting in Household Portfolios

**Intermediate** | Published: 2025-12-28 ## Why It Matters Mental accounting—the tendency to **categorize money into separate mental buckets** (...

intermediate2025-12-28

Accountability Partners and Investment Clubs

**The practical point:** You won't call your accountability partner when you're confident you're right—which is exactly when you need to call them mos...

intermediate2025-12-28

Planning Responses to Big Market Moves

**The practical point:** Planning your crash response in February (calm) prevents panic paralysis in March (S&P -34%)—you've already decided what to d...

intermediate2025-12-28

Case Studies of Behavioral Mistakes in US Markets

**Difficulty:** Intermediate **Published:** 2025-12-28 ## Summary This article presents 4 quantified case studies showing measurable behavioral erro...

intermediate2025-12-28

Mindfulness Techniques for Volatile Markets

**The practical point:** Mindfulness doesn't eliminate fear when your portfolio crashes -28%—it creates a 5-minute gap between feeling fear and sellin...

intermediate2025-12-28

Habit Tracking for Financial Routines

**The practical point:** You don't need willpower to rebalance if you have a habit—"First Friday of quarter" removes the need to decide "Should I reba...

intermediate2025-12-28

How Media Consumption Shapes Investor Behavior

**Difficulty:** Intermediate **Published:** 2025-12-28 ## Definition and Key Concepts Media consumption in investment contexts refers to exposure to...

intermediate2025-12-28

Designing Automation to Remove Bias

**Difficulty:** Advanced **Published:** 2025-12-28 ## Definition and Key Concepts Automation in behavioral finance refers to predetermined rules exe...

advanced2025-12-28

Glossary: Behavioral Finance Terms

**Difficulty:** Beginner **Published:** 2025-12-28 ## Introduction This glossary defines 30 behavioral finance terms with one-sentence definitions f...

beginner2025-12-28

Status Quo Bias and Portfolio Drift

Status quo bias describes the inertia coefficient—tendency to maintain current holdings despite changing fundamentals or valuations. Behavioral studie...

beginner2025-12-06

Checklists to Improve Investment Decisions

Investment checklists reduce decision errors by 20-40% through systematic coverage of critical inputs. Aviation industry reduced fatal errors 60% with...

beginner2025-12-06

Fear vs. Greed Indicators Explained

Fear and greed indicators translate crowd sentiment into contrarian positioning signals. Institutional investors use quantified thresholds to identify...

intermediate2025-12-06

Building Rules-Based Rebalancing to Limit Emotion

Rules-based rebalancing removes emotional override by automating portfolio adjustments. Three primary approaches: threshold-based, calendar-based, and...

intermediate2025-12-06