Exploring the impact of emotions on financial decision making
Emotions are sources of both strength and error when it comes to financial decision making. They can alert us that the circumstances around us are changing yet they can sway us into decisional errors. We simply cannot set emotions aside when making financial choices. The best way to approach emotions is to explore them, get to know them, where they originate from and what they are telling us of ourselves and the circumstances in which we operate. Neuro-economics research, for example, shows us the impact of anticipated regret upon the decision of selling an asset at a gain. Fear can lead us to question our overconfidence or lead us into panic behaviour.
This lunchtime session will help participants explore emotions and their implications on financial decision making, aiming to recognise emotions when they arise in order to make better decisions. It is relevant to both those professionals dealing with the emotions clients bring and those who experience the arising of emotions in the workplace.
Who should attend:
- Investment professionals
- Financial decision makers
- Financial advisors
- Insurance professionals
- Finance directors
It is relevant to both those professionals dealing with the emotions clients bring and those who experience the arising of emotions in the workplace.
Monday 18th January