Video on the Psychology of Investor Behavior (ca. 17 min.) Part 2/2

The Psychology of Investor Behavior (part2/2)

Scott Bosworth, CFA, Vice President of Dimensional Fund Advisors presents Part Two of The Psychology of Investor Behavior Video Series (Behavioral Finance). Some topics:

-) Words on Eugene F. Fama, Richard Thaler, John Maynard Keynes, Daniel Kahneman
-) Is Market Efficiency a Myth? (Justin Fox / The Myth of the Rational Market)
-) Are Magazine Covers Good at Picking Stocks?
-) Overconfidence

quote by John Maynard Keynes: "The market can stay irrational longer than you can stay solvent"

Scott breaks down the relationship between risk and expected return and lays out what we can and can't control as investors (Control Illusion).