Confirmation bias and how it affects your investment decisions?
Behavioral finance

Confirmation bias and how it affects your investment decisions?

Our mind is divided between an elephant and a rider. We often think that the rider is the one who controls the elephant, but we often forget that the rider is only the guide. 

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Anchoring Bias and their effects on Investment Decisions
Behavioral finance

Anchoring Bias and their effects on Investment Decisions

Do you know when Mahatma Gandhi was born? Let us suppose you don't have the year in your head, and your smartphone battery has just died. How would you find out? Perhaps you know that India got independence in 1947 and that he was assassinated in the next year in 1948. And in all the pictures you have ever seen of him from that time, he looked pretty old. So let's assume that he was around 80 when he died—making 1888 our year of estimate when he was born. 

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What is Heuristics? How does Heuristics influence Decision Making ?
Behavioral finance

What is Heuristics? How does Heuristics influence Decision Making ?

Have you ever thought about how you are so quick while making some decisions and take time while making some other?

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What is Prospect Theory? How do users take decisions under risk?
Behavioral finance

What is Prospect Theory? How do users take decisions under risk?

Greed and Fear are two of the most common, severe emotions found in any human being. When we are guided by greed or fear in times of uncertainty, making decisions can sometimes be a real challenge. 

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What is Behavioral Finance and how does it affect your Financial decisions?
Behavioral finance

What is Behavioral Finance and how does it affect your Financial decisions?

After reading this blog's title, you might feel that "behaviour" and "finance" are two different things. How can they be interlinked in the same phrase?

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