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Abstract
This article covers a non-financial topic that is nonetheless vital to investment professionals: how to avoid common cognitive errors and make better investment decisions. It reviews the extensive academic literature on how people actually make decisions and how they can make better decisions. It also provides recommendations about how analysts and managers might apply these findings to active investing.
TOPICS: Portfolio management/multi-asset allocation, in markets, risk management
- © 2014 Pageant Media Ltd
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