Dr. Tom Howard - The Role of Behavioral Finance in Modern Asset Management: A Comprehensive Guide
Episode description
Tune in to hear:
- Why does behavioral investing often get focused on less than other elements of behavioral finance?
- What role should pessimistic forecasts play, if any, in our financial decision making?
- What are some behavioral barometers that can give us meaningful insights into forward return suggestions? What clues does he think these are providing in this particular moment?
- If we do away with style boxes how will we differentiate appropriate style drift from just sloppy, undisciplined investing?
- What will it take for there to be a renaissance in active management and do certain market conditions better lend themselves to active vs. passive management?
- Tom suggests that behavior is the key to persistent alpha and that there’s a possibility for more active alpha persistence than was previous thought possible. What does his research around this show?
Compliance Code: 0126-OAS-1/17/2023