The "ODFC Webinar: My Behavioural Finance" explores how behavioral finance principles impact your personal financial decisions, emphasizing the role of cognitive biases, emotions, and psychological factors in investing. It will help you to understand your own behavioral tendencies, recognize potential pitfalls, and adopt more rational, goal-oriented investment strategies.
Key topics covered:
- Differences between rational and behavioral finance models.
- Common psychological biases (like overconfidence, loss aversion, and mental accounting)
- How emotions influence investment choices
- Practical strategies to improve decision-making
- The growing role of AI in identifying and managing behavioral biases for better financial outcomes.
How does loss aversion influence investment strategies?
Loss aversion influences investment strategies by making investors feel the pain of losses much more intensely than the pleasure of equivalent gains-often about twice as much. This leads to several common behaviors -
1) Investors may refuse to sell underperforming assets, hoping to avoid realizing a loss, which can result in even greater losses if the asset continues to decline.
2) Fear of losses can drive investors to choose low-risk, low-return investments, potentially missing out on higher returns and hindering long-term portfolio growth.
3) Loss aversion can cause investors to avoid making necessary changes or hesitate to invest in potentially rewarding opportunities, leading to suboptimal performance.
4) During market downturns, loss-averse investors might sell quickly to avoid further losses, often locking in losses and missing out on potential rebounds.
The ODFC Webinars use case studies and interactive discussions to help participants to understand their own financial behaviors and improve decision-making skills.
Pricing:
24h Chat Support ₹99/day
Interactive Webinar ₹9999/
Tele-consultation ₹25000/
ODFC Digital Helpdesk
WhatsApp 🪀 8779696580
Email 📨 help@odfcdigital.com
Refund & Cancellation:
We do not offer any refund, if you cancel it for any reasons, so book it only when you are sure to attend this webinar as per your convenience.
Most of ODFC webinars are taking place on a rotational basis, date/timing will be allotted to you as per booking. If you need any clarification, we recommend you to chat at the ODFC helpdesk.
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