Link to this course: https://click.linksynergy.com/deeplin... Loss aversion or Prospect theory - Biases and Portfolio Selection Investment and Portfolio Management Specialization Investors tend to be their own worst enemies. In this third course, you will learn how to capitalize on understanding behavioral biases and irrational behavior in financial markets. You will start by learning about the various behavioral biases – mistakes that investors make and understand their reasons. You will learn how to recognize your own mistakes as well as others’ and understand how these mistakes can affect investment decisions and financial markets. You will also explore how different preferences and investment horizons impact the optimal asset allocation choice. After this course, you will be more effective in overcoming biases to do the wrong things at the wrong times and tailoring an investment strategy that is best suited on your or your client’s profile and investment needs. Behavioral Finance, Cognitive Bias, Investment, Behavioral Economics The course content is awesome specially Dr. O. I just dont like the peer reviews. It was long and some does not give fair grading.,I've learnt a lot with this course. Sometimes we don't stop to think about how to think on making decision. In this module, we review the behavioral critique of market rationality. In contrast to the presumption that investors are rational, behavioral finance starts with the assumption that they are not. We will examine some of the information-processing and behavioral biases uncovered by psychologists in several contexts. In addition, we will consider alternative, more realistic ways of describing investor preferences. Loss aversion or Prospect theory - Biases and Portfolio Selection Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.