The study of behavioral finance combines behavioral and cognitive psychological theory with conventional economics and finance to look at how risk taking transforms our body chemistry, driving us to extremes of euphoria and risky behavior or stress and depression. Current research shows that the understanding of personal investment biases and behavior improves investment decisions. Research would also indicate that the occasional irrational binges of investors have helped explain why the traditional theory of market performance periodically misfires, and may be no more than a predictable, rational response from the latest economic news.
The 2013 Behavioral Finance Symposium, “The Biology of Investor Sentiment – Challenges for Risk Management” will focus on the differences in the approach to investing from the male and female perspectives. Our keynote speaker, Dr. John Coates, of Cambridge University, set out to prove a strong intuition from his previous life. Before he became a world-class neuroscientist, Coates ran a derivatives desk in New York. As a successful trader on Wall Street, "the hour between dog and wolf" was the moment traders transformed-they would become revved up, exuberant risk takers, when flying high, or tentative, risk-averse creatures, when cowering from their losses. Leading experts, along with Dr. Coates will discuss these exciting concepts in an engaging format at the 2013 Behavioral Finance Symposium presented by The Galtere Institute: Finance for the Future Initiative at the University of Tennessee at Chattanooga College of Business.
Join us for an engaging conversation in the beautiful city of Chattanooga, Tennessee, where we will host the world’s leading experts on behavioral finance as they help to explain the way investors, traders and financial consultants conduct business and explore the emotion that drives Wall Street.