Читать книгу Behavioral Finance and Your Portfolio - Michael M. Pompian - Страница 32

Biases can be diagnosed by means of a specific series of questions. In this book, Chapters 3 through 22 contain a list of diagnostic questions to determine susceptibility to each bias. In addition, a case-study approach is used to illustrate susceptibility to biases is given with advice on how to build portfolios. In either case, investors who wish to incorporate behavioral analysis into their portfolio management practices will need to administer diagnostic “tests” with utmost discretion, especially at the outset of a relationship. When one becomes very good at diagnosing irrational behavior, it can be done without fanfare or much notice. As one gets to know their biases, better portfolio outcomes are the result.