Behavioral Finance is widely discussed. Nobel prices are awarded. But there is more talk, than walk. The knowing-doing gap persists. Bridging that gap is at the core of developing a comparative advantage.Innovation-based specialization requires critical and creative thinking along the value chain of a professional investment process. It gets unavoidably personal. Our mental immune system, combined with organisational persistence, lead to a slow adoption of behavioral insights of how to benefit from this alpha source. Participants will learn where to find and how to exploit behavioral alpha on themselves and their teams.
- family office
- wealth managers
- private/regional banks
MORNING / SESSION ONE / 90MIN
INTRODUCTION TO BEHAVIORAL ALPHA
- Mental Immune System
- Organizational Persistence
- Behavior Gap Penalty
- Knowing-Doing Gap in Behavioral Finance
- Behavioral Alpha & Comparative Advantage
MORNING / SESSION TWO / 90MIN
HOW TO SOURCE BEHAVIORAL ALPHA
- Decisions Under Uncertainty
- Ambiguity & Complexity Tolerance
- Creative and Critical Thinking
- Simple Rules
- Best Practices of “Sourcing Behavioral Alpha
AFTERNOON / SESSION ONE / 90MIN
Participants will study their own investment teams/committees and explore how to optimize it by applying previously introduced techniques and lessons learned.
INTROSPECTIVE CASES: SOURCING BEHAVIORAL ALPHA
AFTERNOON / SESSION TWO / 90MIN
REVIEW YOUR FINDINGS
Moderated by the lecturer, participant share their findings and reflect together on eventual further improvements of their own or other findings.