Applied behavioral finance

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APPLIED BEHAVIORAL FINANCE How to Think About Markets Like a Hedge Fund Manager

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Presentation for Applied Behavioral Finance Skillshare class found at http://skl.sh/pXkk3D

Transcript of Applied behavioral finance

Page 1: Applied behavioral finance

APPLIED BEHAVIORAL FINANCEHow to Think About Markets Like a Hedge Fund Manager

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Who Am I and Why Are You Here

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Who Are You and Why Am I Here

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Who Are You and Why Am I Here

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What We Want to Change Today

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What We Want to Change Today

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What is an Asset Worth?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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What Does the Chart Say to You?

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The Cycle of Life

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Tear It Down

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The 5 Market Myths

Assets have inherent value Markets are efficient Markets are rational You can’t time the market so buy &

hold Diversify your investments

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Assets Have NO Inherent Value

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Assets Have NO Inherent Value

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Markets are NOT Efficient

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Markets are NOT Efficient

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Markets are NOT Rational

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Markets are NOT Rational

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Buy and Hold Does NOT Work

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Buy and Hold Does NOT Work

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Buy and Hold Does NOT Work

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Diversification Works?

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Diversification Does NOT Work

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Rewire Your Brain

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Fear Drives the Market

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Patterns in the Chaos

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Technical Analysis: What Is the Market Telling You?

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Odds NOT Crystal Balls

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Your New Mantras

Don’t lose money It’s all just numbers and symbols Markets don’t change The economy is not the market Don’t fight the market

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Don’t Lose money!

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It’s All Just Numbers and Symbols

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Markets Don’t Change

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The Economy is NOT the Market

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Don’t Fight the Market

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Strategy: Momentum Wins

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Strategy: Momentum Wins

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Strategy: Momentum Wins

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Strategy: Momentum Wins

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Strategy: Momentum Wins

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Buying Begets Buying, Selling Begets Selling

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Buy High, Sell Higher

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Earnings and Revenue Acceleration

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Use Your Big Red Crayon!

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Don’t Touch Broken Charts!

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Cash is a Position

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Exercise Your Mind to Rewire Your Brain

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Thoughts On Apple?

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Exercise Your Mind to Rewire Your Brain