Behavioral Finance: The Psychology of Human Misjudgment

BEHAVIORAL FINANCE is a relatively new area of study. Blending together psychology and finance, this subject came about as professors and practitioners of both professions found themselves faced with an inescapable truth: PEOPLE ARE EMOTIONAL ABOUT MONEY! Not only are people emotional about money, but this emotion and the misjudgement that it causes has a huge negative affect on the average person's finances . Understanding the Psychology of Human Misjudgement, made popular by Warren Buffett's right hand man Charlie Munger, will help you to make better financial decisions, be a better investor, and help you build wealth much faster. In this course you will learn: 1. Contrast Misreaction Tendency 2. Social Proof Tendency 3. Deprival Super Reaction Tendency 4. Over Optimism Tendency 5. Pain Avoiding Tendency 6. Reciprocation Tendency 7. Influence from Association 8. Envy/Jealousy Tendency 9. Kantian Fairness Tendency 10. Curiosity Tendency 11. Inconsistency Avoidance Tendency 12. Doubt Avoidance Tendency 13. Disliking Tendency 14. Reward/Punishment Super Response Tendency 15. Stress Influence Tendency 16. Availability Misweighing Tendency 17. Use it or Lose it Tendency 18. Drug Misinfluence Tendency 19. Senesence Misinfluence Tendency 20. Authority Misinfluence Tendency 21. Twaddle Tendency 22. Reason Respecting Tendency 23. Lollapalooza Tendency Join the course and use your new understanding of Behavioral Finance to make better investing decisions and build more wealth faster than anyone that does not understand these fundamentals principles!

Requirements A basic understanding of human psychology