Contributor Michael Pompian offers ideas for working with this personality type.
Contributor Michael Pompian shares the results of his new study of personality traits and investment biases.
Contributor Michael Pompian offers ideas for working with this personality.
Contributor Michael Pompian shares the results of his new study of personality traits and investment biases.
Contributor Michael Pompian offers ideas for working with this personality.
Contributor Michael Pompian shares the results of his new study of personality traits and investment biases.
Contributor Michael Pompian offers ideas for working with this personality.
Contributor Michael Pompian shares the results of his new study of personality traits and investment biases.
Contributor Michael Pompian offers ideas for working with this personality, which is prone to overconfidence.
Contributor Michael Pompian shares the results of his new study of personality traits and investment biases.
A new study by contributor Michael Pompian examines the relationship between the dimensions of personality and investor biases.
Contributor Michael Pompian introduces a new series that examines the relationship between the "Big Five" personality traits and the behavioral biases of investors.
Michael Pompian shares some strategies for overcoming this behavioral investor type's biases.
Michael Pompian outlines the case of an aggressive investor with sizable near- and long-term goals.
Here are some strategies for overcoming this behavioral investor type's biases.
Michael Pompian outlines the case of a high-net-worth couple whose investment behaviors may get in the way of their goals.
Here are some strategies for overcoming this behavioral investor type's biases.
Michael Pompian's second case study features a a high earner on the brink of retirement who likes taking investment risks.
Here are some strategies for overcoming this behavioral investor type’s biases.
Michael Pompian's first case study features a high-spending retiree with a cautiously positioned portfolio.
These two investor types have investing strengths and weaknesses. Here’s how to best advice each.
These two investor types have investing strengths and weaknesses. Here’s how to best advice each.
The qualities and biases of preservers, followers, independents, and accumulators.
Get a better understanding of your clients' financial personalities and establish stronger relationships, says Michael Pompian.
Anchoring can lead to poor investment decisions. Here's how to help clients avoid it.
Asking your clients that question about positions they're clinging to can help them overcome endowment bias.
Setting aside a small chunk of a portfolio for trading can help scratch the itch of overconfidence.
Here's a strategy for helping clients recognize and learn from their investment mistakes.
Outcome bias can pose a serious threat to your clients’ investment results.
Confirmation bias can lead investors to make bad decisions. Here's how to avoid it.
Don't let easy-to-recall information sway your clients' long-term plans.
Sometimes, investor inaction can lead to poor outcomes.
Investors forget about bear markets during bull markets. Here's how to remind clients to stick to their plans instead of chasing the bull.
Deep into a multiyear bull run, investors are likely to dedicate more dollars to risk-on assets.
Lack of short-term discipline can wreak havoc long-term goals.
Why it's important for investors to have conviction--especially when going against the crowd.
Why it's important for investors to have conviction--especially when going against the crowd.
Fear of missing out can lead investors to bid up pricing of particular asset classes and lead to bubbles.
Most investors are biased decision-makers, which can lead to irrational macroeconomic outcomes.
Emotions and behavior can affect economic output as much as, if not more than, core economic factors.
Inspired by the positive market response to the Trump presidency, this series explores the effect that behavior has on markets and the economy.