TITLE

Are Successful Investors Emotionally Brain Damaged?

PUB. DATE
October 2005
SOURCE
Journal of Financial Planning;Oct2005, Vol. 18 Issue 10, p24
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article discusses the findings of a study of brain-damaged people, which reported that investors would do well if they will not mix emotions with their investment decisions. The researchers found that people with brain damage that specifically curtailed their emotions but left intact their logic and cognitive abilities outperformed normal people when it came to investing. Thus, the study concluded that the brain-damaged investors did not let emotions hinder their investment decisions, while the other subjects were cautious to the point of undermining their investment results.
ACCESSION #
18582194

 

Related Articles

  • Forecasts for business a thorny issue. de Klerk, Vic // Finance Week;7/13/2001, p10 

    Focuses on the role of economists, analysts and financial advisers in the decision-making of businessmen and investors in South Africa. Result of analysts' reluctance in the recommendation of selling to errors in investment decisions; Failure of investment analysts and portfolio managers in...

  • Is DIY worth it? Dixon, Daryl // Bulletin with Newsweek;5/27/2003, Vol. 121 Issue 6374, p69 

    The article focuses on essentials of do-it-yourself super funds. Traditionally, sophisticated investors have used self-managed super fund (SMSF) because of the control and flexibility in making investment decisions. If someone already feel confident about investing in his own right, investing in...

  • Unlearning life's lessons. Streatfield, Michael // Finance Week;Summer2004 Supp Collective Insight, p17 

    This article focuses on the risk aversion. Behavioral finance theorists warn how investor behavior can be clouded and lead to answers that are not purely rational. But those handy shortcuts that are wired into our behavior and get through the day are also in investment thinking. Non-financial...

  • The information search process of socially responsible investors. Nilsson, Jonas; Nordvall, Anna-Carin; Isberg, Sofia // Journal of Financial Services Marketing;Jun2010, Vol. 15 Issue 1, p5 

    Largely fuelled by an increasing social and ethical concern among private investors, socially responsible investment (SRI) has, in many ways, gone from having a marginal role to becoming a �mainstream� financial service in recent years. SRI is an investment process that, in addition to...

  • Factors Influencing Indian Individual Investor Behaviour: Survey Evidence. Chandra, Abhijeet; Kumar, Ravinder // Decision (0304-0941);Dec2012, Vol. 39 Issue 3, p141 

    Individual investor behaviour is motivated by a variety of psychological heuristics and biases. Using survey data of more than 350 individual investors, we document four important results in the context of Indian individual investor behaviour. First, investors make investment decisions based on...

  • PSYCHOLOGICAL BIASES IN INVESTMENT DECISIONS: AN EXPERIMENTAL STUDY OF MYOPIC BEHAVIOR IN DEVELOPING CAPITAL MARKETS. Wendy; Asri, Marwan // Journal of Indonesian Economy & Business;May2012, Vol. 27 Issue 2, p143 

    This paper attempts to analyze the psychological biases that affect investors in making risky investment decisions based on the theory of Myopic Loss Aversion (MLA). The data were obtained from two sources (students and stock investors) which in turn were manipulated by two types of treatment...

  • An Analysis of the Impact of Continuous Reporting and Continuous Assurance of Financial Data on the Fundamental Fixation of Individual Investors. Reed, Anita // International Research Journal of Applied Finance;May2013, Vol. 4 Issue 5, p705 

    Prior research has shown that individual investors remain fixated on certain elements of fundamental financial data, including the stock price, when making investment decisions (Ashton, 1976; Tinic, 1990; Hand, 1990; Araunachalam and Beck, 2002). This fixation holds even when presented with...

  • Influence of information search on risky investment preferences: Testing a moderating role of income. Shun-Yao Tseng; Chyan Yang // International Proceedings of Economics Development & Research;2011, Vol. 12, p452 

    Risk-taking in investment decision-making is a major means to create individual wealth. Investors search information for risk-reducing strategies in risky investment decision-making. Digital information on financial measures and advice-seeking information are two usual means in information...

  • INTELLIGENT TECHNOLOGIES IN MODELLING THE INVESTMENT PREFERENCES OF MARKET PARTICIPANTS. Alekseev, Aleksander O.; Gureev, Kirill A.; Kharitonov, Valeriy A. // Actual Problems of Economics / Aktual'ni Problemi Ekonomìki;2014, Vol. 152 Issue 2, p435 

    The article determines the factors influencing the investment decision-making of market participants and ground the universal structure of the model of abstract investor advantages. The universal nature of this model provides not only an opportunity of its application to forecast the behaviour...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics