Why traditional finance failed: the behavioral perspective Traditional finance has been the go-to resource for individuals seeking financial advice for decades. However, it’s becoming increasingly clear that traditional finance’s one-size-fits-all approach is not catering to the diverse needs of clients. The industry’s focus on financial mechanics, such as stocks and bonds, has left clients feeling […]
The Cost of Irrationality: Overcoming Behavioral Biases in Finance As a finance blogger, I often get asked by readers why they make irrational decisions when it comes to money. It’s a great question and one that has puzzled academics and researchers for decades. The reality is, human beings are not rational creatures. We are prone […]