Behavioral Finance and Wealth Management by Michael Pompian

Author:Michael Pompian
Language: eng
Format: epub, mobi, pdf
ISBN: 9781118182291
Publisher: John Wiley & Sons, Ltd.
Published: 2011-11-21T16:00:00+00:00

NOTES

1. Daniel Kahneman and Amos Tversky, “Choices, Values, and Frames,” American Psychologist 39 (1984): 341–50. Reprinted as Chapter 1 in Daniel Kahneman and Amos Tversky, eds., Choices, Values, and Frames (New York: Cambridge University Press and the Russell Sage Foundation, 2000).

CHAPTER 13

Availability Bias

It is ironic that the greatest stock bubble coincided with the greatest amount of information available. I always thought this would be a good thing, but maybe it was not so good.

—James J. Cramer, financial news analyst for CNBC

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