| 
		
	
	
	
		
	Posts: 3,474 
	Threads: 95 
	Joined: Jul 2011
	
 Reputation: 
17 
	
	
		Behavioral Finance: 
What Good Is It, Anyway?
http://invest-mutual.blogspot.sg/2015/10...is-it.html
Like it or don't, we have to know it.
	 
WB:-
 1) Rule # 1, do not lose money.
 2) Rule # 2, refer to # 1.
 3) Not until you can manage your emotions, you can manage your money.
 
 Truism of Investments.
 A) Buying a security is buying RISK not Return
 B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
 
 NB:-
 My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
 
	
	
	
		
	Posts: 3,774 
	Threads: 6 
	Joined: Oct 2012
	
 Reputation: 
95 
	
		
		
		02-05-2016, 09:38 AM 
(This post was last modified: 02-05-2016, 09:41 AM by specuvestor.)
		
	 
		Welcome back Temperament!    how have u been?
 
Interesting oxymoron tweets there. Personally i think behavioural finance is the right model. I mean we look around and we still dogmatically believe the market is perfect clockwork? People love to heuristically collapse complex systems to simple solutions described by statistics, even if irrelevant
http://www.jasonzweig.com/behavioral-fin...it-anyway/
https://en.m.wikipedia.org/wiki/Behavioral_economics
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
 Think Asset-Business-Structure (ABS)
 
	
	
	
		
	Posts: 3,474 
	Threads: 95 
	Joined: Jul 2011
	
 Reputation: 
17 
	
	
		
specuvestor
 
Welcome back Temperament!    how have u been?
 
Interesting oxymoron tweets there. Personally i think behavioural finance is the right model. I mean we look around and we still dogmatically believe the market is perfect clockwork? People love to heuristically collapse complex systems to simple solutions described by statistics, even if irrelevant
http://www.jasonzweig.com/behavioral-fin...it-anyway/
https://en.m.wikipedia.org/wiki/Behavioral_economics 
Ha! Ha! 
i am fine. 
Thank you very much.  
Can still kicking cans down the road and checking the tires. 
Amen. 
And who hasn't been influenced by Oxymoron? 
It's not less "mind boggling" then  "behavioural finance",  to me 
Here are some examples:-
 "absent presence"(Astrophil and Stella by Sir Philip Sidney)
 
alone together
awful good
"beggarly riches"(Devotions Upon Emergent Occasions by John Donne)
 
bitter sweet
"brisk vacancy"("Self Portrait in a Convex Mirror" by John Ashbery)
 
cheerful pessimist
civil war
clearly misunderstood
"comfortable misery"(One Door Away From Heaven by Dean Koontz)
 
conspicuous absence
cool passion
crash landing
cruel kindness
"darkness visible"(Paradise Lost by John Milton)
 
deafening silence
deceptively honest
definite maybe
deliberate speed
devout atheist
dull roar
eloquent silence
even odds
exact estimate
extinct life
"falsely true"(Lancelot and Elaine by Lord Tennyson)
 
festive tranquility
found missing
freezer burn
friendly takeover
genuine imitation
good grief
growing smaller
guest host
historical present
humane slaughter
icy hot
idiot savant
ill health
impossible solution
intense apathy
joyful sadness
jumbo shrimp
larger half
"lascivious grace"(Sonnet 40 by William Shakespeare)
 
lead balloon
"liquid marble"(Poetaster by Ben Jonson)
 
living dead
living end
living sacrifices
loosely sealed
loud whisper
loyal opposition
magic realism
"melancholy merriment"(Don Juan by Lord Byron)
 
militant pacifist
minor miracle
negative growth
negative income
old news
one-man band
only choice
openly deceptive
open secret
original copy
overbearingly modest
paper tablecloth
paper towel
peaceful conquest
plastic glasses
plastic silverware
poor health
pretty ugly
properly ridiculous
random order
recorded live
resident alien
sad smile
same difference
"scalding coolness"(For Whom the Bell Tolls by Ernest Hemingway)
 
seriously funny
shrewd dumbness
silent scream
small crowd
soft rock
"The Sound of Silence"(song by Paul Simon)
 
static flow
steel wool
student teacher
"sweet sorrow"(Romeo and Juliet by William Shakespeare)
 
terribly good
theoretical experience
"transparent night"("When Lilacs Last in the Door-yard Bloom’d" by Walt Whitman)
 
true fiction
True Lies(movie directed by James Cameron)
 
unbiased opinion
unconscious awareness
upward fall
wise fool
working vacation
 
WB:-
 1) Rule # 1, do not lose money.
 2) Rule # 2, refer to # 1.
 3) Not until you can manage your emotions, you can manage your money.
 
 Truism of Investments.
 A) Buying a security is buying RISK not Return
 B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
 
 NB:-
 My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
 
	
	
	
		
	Posts: 4,348 
	Threads: 96 
	Joined: Aug 2011
	
 Reputation: 
85 
	
	
		I thought I might come up with an 'oxymoron' list for value investing. Some of us don't fall for it, but most of us do (fall for this BS). VBs, feel free to build up the list:
 (1) underpriced growth stocks
 (2) buying defensive stocks for capital preservation in a crisis
 (3) high dividend yield plays for income
 (4) high dividend growth stocks
 (5) independent director
 (6) Dual role as exchange operator and regulator
 
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.
 
	
	
	
		
	Posts: 4,348 
	Threads: 96 
	Joined: Aug 2011
	
 Reputation: 
85 
	
	
		 (02-05-2016, 09:38 AM)specuvestor Wrote:  Welcome back Temperament!  how have u been? 
 Interesting oxymoron tweets there. Personally i think behavioural finance is the right model. I mean we look around and we still dogmatically believe the market is perfect clockwork? People love to heuristically collapse complex systems to simple solutions described by statistics, even if irrelevant
 
Our problem is that we believe the market is perfect clockwork, but our actions don't. Most of us get less into trouble, if we act as though the market is perfect clockwork yet believe it isn't (ie. respecting market efficiency with discipline and skepticism, but yet ready to exploit its inefficiencies when time presents itself)
	 
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.
 
	
	
	
		
	Posts: 1,733 
	Threads: 21 
	Joined: Sep 2010
	
 Reputation: 
31 
	
	
		 (03-05-2016, 09:09 AM)weijian Wrote:  I thought I might come up with an 'oxymoron' list for value investing. Some of us don't fall for it, but most of us do (fall for this BS). VBs, feel free to build up the list:
 (1) underpriced growth stocks
 (2) buying defensive stocks for capital preservation in a crisis
 (3) high dividend yield plays for income
 (4) high dividend growth stocks
 (5) independent director
 (6) Dual role as exchange operator and regulator
 
(7) Alternative Investment for retail investors 
(8) Audited by Big Fours
	 
	
	
	
		
	Posts: 374 
	Threads: 0 
	Joined: Sep 2011
	
 Reputation: 
11 
	
	
		 (03-05-2016, 09:39 AM)yeokiwi Wrote:   (03-05-2016, 09:09 AM)weijian Wrote:  I thought I might come up with an 'oxymoron' list for value investing. Some of us don't fall for it, but most of us do (fall for this BS). VBs, feel free to build up the list:
 (1) underpriced growth stocks
 (2) buying defensive stocks for capital preservation in a crisis
 (3) high dividend yield plays for income
 (4) high dividend growth stocks
 (5) independent director
 (6) Dual role as exchange operator and regulator
 (7) Alternative Investment for retail investors
 (8) Audited by Big Fours
 
(9) independent valuer 
(10) structured products for protection
	 
	
	
	
		
	Posts: 3,474 
	Threads: 95 
	Joined: Jul 2011
	
 Reputation: 
17 
	
	
		 (03-05-2016, 11:38 AM)swakoo Wrote:   (03-05-2016, 09:39 AM)yeokiwi Wrote:   (03-05-2016, 09:09 AM)weijian Wrote:  I thought I might come up with an 'oxymoron' list for value investing. Some of us don't fall for it, but most of us do (fall for this BS). VBs, feel free to build up the list:
 (1) underpriced growth stocks
 (2) buying defensive stocks for capital preservation in a crisis
 (3) high dividend yield plays for income
 (4) high dividend growth stocks
 (5) independent director
 (6) Dual role as exchange operator and regulator
 (7) Alternative Investment for retail investors
 (8) Audited by Big Fours
 (9) independent valuer
 (10) structured products for protection
 
(11) your principal is guarantee 100%.....when (small print) A & B & C........coinside. (This i am most wary of, i will run as fast as possible from it)
	 
WB:-
 1) Rule # 1, do not lose money.
 2) Rule # 2, refer to # 1.
 3) Not until you can manage your emotions, you can manage your money.
 
 Truism of Investments.
 A) Buying a security is buying RISK not Return
 B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
 
 NB:-
 My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
 |