Behavioral Finance and Investment Strategy

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  • เผยแพร่เมื่อ 1 มิ.ย. 2024
  • Greg LaBlanc, Lecturer, Economic Analysis and Policy Group, Haas School of Business
    The emerging field of Behavioral Finance has developed a wide range of insights that have disrupted how we think about financial markets. Drawing on insights from psychology, information economics, complex systems, and game theory; behavioral finance has put the Strategy back in Investment Strategy. Professor LaBlanc highlights how the insights of game theory, in particular, can inform our understanding of how market participants interact and how asset prices are determined.

ความคิดเห็น • 63

  • @srijanshashwat2434
    @srijanshashwat2434 2 ปีที่แล้ว +9

    This was just beautiful. The flow, the content, the excitement. Man I want to be like that someday

  • @lordmetroid
    @lordmetroid 8 ปีที่แล้ว +7

    I am from Sweden so I know a little bit about the switch from left to right side.
    Sweden used right side cars but drove on the left side. So if you wanted to pass someone that was really dangerous as you could not see the traffic from the other lane.
    Hence the switch was really just common sense. To decrease the number of traffic accidents. The switch wasn't done at midnight. It was done at noon. My parents tell me everyone was sitting in their cars for this epic switch and at the clock they all changed lanes with each other in a calm and organized manner.

  • @KarolKapuscinski
    @KarolKapuscinski 4 หลายเดือนก่อน +1

    best video about bubbles ever!

  • @joshwilliamson9403
    @joshwilliamson9403 2 ปีที่แล้ว +4

    19:05 “The Bitcoin bubble” … little did they know.

    • @tylermilsop
      @tylermilsop 2 ปีที่แล้ว

      scrolled just to find a comment on this, thinking the same thing!

  • @christopher8220
    @christopher8220 ปีที่แล้ว +1

    Very good - lots of stories instead of tons of theory! Great Lecture!

  • @andersoncavill4571
    @andersoncavill4571 ปีที่แล้ว +1

    This is really a great 101 video on behavioral finance. It definitely made me think deeply on how market participants act, think and behave. Great stuff and engaging professor makes this video not just entertaining but also insightful!

  • @Vzonekuwait
    @Vzonekuwait 2 ปีที่แล้ว +1

    Amazing… Superb lecture Greg 👍🏼

  • @federicodiluzio8885
    @federicodiluzio8885 6 ปีที่แล้ว +5

    What an amazing lecturer. Thank you for the opportunity to learn!

  • @arunjose8687
    @arunjose8687 7 ปีที่แล้ว +3

    Amazing lecture!!!

  • @zeweichu550
    @zeweichu550 3 ปีที่แล้ว +1

    Takeaways:
    1. Inexperienced investors tend to create bubbles. If the people experienced last bubble are still alive, a bubble is less likely to occur. However, new bubbles can be created, e.g., after the dot com bubble, we got a housing bubble, and after that, we got Bitcoin.

  • @lasvegasmalay
    @lasvegasmalay 10 ปีที่แล้ว

    Evaluation impressive.

  • @wtfitcntbdiff
    @wtfitcntbdiff 6 ปีที่แล้ว +2

    Loved the lecture!

  • @b00gi3
    @b00gi3 2 ปีที่แล้ว

    Wow! What a talk. Fantastic.

  • @mimos_kitchen
    @mimos_kitchen 10 ปีที่แล้ว +3

    This is worth watching!!you may try scientific screening ,DSS daily stock select makes it easier for you for free!

  • @bechumathew8819
    @bechumathew8819 5 ปีที่แล้ว +1

    Hey nice lecture. Thanks for lot of insights into game theory application in investing. Even Soros lost a lot of money in 2000 even though he made some in 1999. Julian robertson just decided to put off the money because he just didnt understand the market then, which is perfectly fine according to me. If Robertson had hold on to his old economy stocks through 2002, he may have done nearly as well as Soros I guess. So, exactly timing the market cycles sometimes doesn't make much sense either. Yes you could have hold on to tech stocks until 1999 december and then sold everything, but then you gotta play like god. I would say what Robertson did in 1998 (shorting tech stocks) is in itself outstanding. (99% of managers didn't see it coming even by 2000)

  • @jiansenxmu
    @jiansenxmu 9 ปีที่แล้ว

    A great and amazing lecture on behavioral finance. I got lots of practical stuff for my trading strategy development from it. Prof. Greg LaBlanc, Dank u wel !

  • @MrSupernova111
    @MrSupernova111 8 ปีที่แล้ว +4

    Is this video part of a course? I would love to see the rest of the course videos if there are any.

  • @momoivancza4272
    @momoivancza4272 5 ปีที่แล้ว

    great lecture !

  • @CeleronS1
    @CeleronS1 7 ปีที่แล้ว +2

    Thank you for publishing this!

    • @mz091608
      @mz091608 6 ปีที่แล้ว

      CeleronS1 has

  • @tylermilsop
    @tylermilsop 2 ปีที่แล้ว

    About a year shy of a decade later, it would be fun to tell the gentleman who asked about an apple bubble that it is up 10x since then.

  • @hankigoe8615
    @hankigoe8615 ปีที่แล้ว

    shouldn't it be v > w so that v-w is positive?

  • @Commando303X
    @Commando303X 6 หลายเดือนก่อน

    Video posted in 2013, citing the "BitCoin bubble"...

  • @gracelingirl5087
    @gracelingirl5087 ปีที่แล้ว

    Some learn out of their mistakes some don't.

  • @hanswurscht6625
    @hanswurscht6625 7 ปีที่แล้ว

    is there a follow up video? i cant find anything

  • @markg.3171
    @markg.3171 ปีที่แล้ว

    So Bitcoin bubble 9 years ago…
    Bitcoin Price in 2013: $13- $1,100
    Starting at $13 in the beginning of the year, the price of Bitcoin rose to almost $250 in April before correcting downward over 50%. The price consolidated for about six months until another historic rally in November and December of that year, when the price peaked out at $1,100.
    24x now

    • @theWebWizrd
      @theWebWizrd 5 หลายเดือนก่อน

      Bubbles gotta bubble. It is in their nature to grow to ridiculous heights before they pop.

  • @Commando303X
    @Commando303X 6 หลายเดือนก่อน

    2:35: There is no "Warren-Buffett rule" to suggest one should promptly sell off an investment upon its exceeding its (intrinsic) value.

    • @theWebWizrd
      @theWebWizrd 5 หลายเดือนก่อน

      Yup, ignorant comments like that is what I disliked about this guy despite his entertaing behaviour. In fact, Warren Buffet and Charlie Munger would tell you that you should think extremely long about selling, because selling is very difficult - not only must the sale be right, but then you have to find another correcr buy afterwards.
      To be fair, though, he isn't entirely shooting the dark either. Conservative value investors would definitely sell very quickly in that game once it breached the fundamental value. I know I would.

    • @Commando303X
      @Commando303X 5 หลายเดือนก่อน +1

      @@theWebWizrd, I agree with your remarks. (I rarely agree with people's remarks.)

  • @michaelvanv2043
    @michaelvanv2043 5 หลายเดือนก่อน

    5e🎉

  • @blastechmediabusiness8714
    @blastechmediabusiness8714 8 ปีที่แล้ว

    Macroeconomics, Macroeconomists was proposal....

  • @islandbee
    @islandbee 8 ปีที่แล้ว +3

    He actually mentioned Bitcoin, but didn't go into more detail about it. I want to know what he thinks about it. He went on giving more or less praise about The Fed. He sounds like a typical Keynesian economist to me.

    • @mudyabbas
      @mudyabbas 5 ปีที่แล้ว

      Listen to this other lecture at the end of the clip he mention bitcoin and it advantage and give reason why it won’t replace cash. th-cam.com/video/EC1V9MvzX4Q/w-d-xo.html

    • @TopGunMan
      @TopGunMan 5 ปีที่แล้ว

      You are confusing academic economics with political economics

  • @_Chef_Jeff_
    @_Chef_Jeff_ 4 ปีที่แล้ว +1

    why spend so long reinforcing the same point on game theory? While barely touching upon the actual topic of BEHAVIORAL FINANCE and INVESTING STRATEGY

  • @brittineyosborne7345
    @brittineyosborne7345 4 ปีที่แล้ว

    Umm...this guy looks like Lee Tergesen from Oz. Great lecture, though!

  • @josephmica9674
    @josephmica9674 5 ปีที่แล้ว +1

    19:00 nice bitcoin mention

  • @robparypa4535
    @robparypa4535 9 ปีที่แล้ว +9

    Anyone see the face in the chair? You got to take a look!

    • @emanuelvdb
      @emanuelvdb 9 ปีที่แล้ว

      Hilarious! I saw it too

    • @islandbee
      @islandbee 8 ปีที่แล้ว +1

      +Mr. Rob Trippy! It looks like a California Raisin chair. lol

    • @Nursemonster
      @Nursemonster 6 ปีที่แล้ว

      Hahahaha yeah!!! Why so Serious?

  • @arrowb3408
    @arrowb3408 2 ปีที่แล้ว

    Discover this the most exciting financial psychology by numerous hilarious examples to stimulate my focusing attention on the Prof's lecture.
    Too bad is Berkley video programming techniques not as thorough as the other Long Ivy Universities to shoot from VERY BEGINNING to the end. So the only thing pitty was NO SELF INTRODUCTION in the Video.
    Too bad. The Only minus point of this lecture video.

  • @Commando303X
    @Commando303X 6 ปีที่แล้ว +1

    The audio here barely is detectable.

  • @Furburgers1
    @Furburgers1 10 ปีที่แล้ว +3

    God damn can this guy lecture

  • @t.narendra6549
    @t.narendra6549 3 ปีที่แล้ว +1

    Holland is not rich by overseas trading but by looting south east countries like Thailand and philippnes.

    • @VinylMemoirs
      @VinylMemoirs 3 ปีที่แล้ว +1

      If that's the main point you've taken from this lecture then I feel very sorry for you

    • @t.narendra6549
      @t.narendra6549 3 ปีที่แล้ว +1

      @@VinylMemoirs do u deny my point??? Or is it a easy way not to talk about the horrors that has happened.????

    • @VinylMemoirs
      @VinylMemoirs 3 ปีที่แล้ว +2

      @@t.narendra6549 I ignore your lack of a point because this is a video about behavioural finance.

    • @FRISHR
      @FRISHR 2 ปีที่แล้ว

      Netherlands got rich mostly from colonizing Indonesia.

  • @QuantApplicantMattKulis
    @QuantApplicantMattKulis 2 ปีที่แล้ว

    lol bitcoin bubble

  • @beakerfish72
    @beakerfish72 10 ปีที่แล้ว

    i hated the experience it gave me few minutes in.

  • @steinadleradler3431
    @steinadleradler3431 4 ปีที่แล้ว

    audio sucks