Biases and Portfolio Selection
link Source: www.coursera.org
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assignment Level : Introductory
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Key Information

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About the content

Investors tend to be their own worst enemies. In this third course, you will learn how to capitalize on understanding behavioral biases and irrational behavior in financial markets. You will start by learning about the various behavioral biases – mistakes that investors make and understand their reasons. You will learn how to recognize your own mistakes as well as others’ and understand how these mistakes can affect investment decisions and financial markets. You will also explore how different preferences and investment horizons impact the optimal asset allocation choice. After this course, you will be more effective in overcoming biases to do the wrong things at the wrong times and tailoring an investment strategy that is best suited on your or your client’s profile and investment needs.

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Syllabus

SEMAINE 1

  • Efficient markets hypothesis and limits of arbitrage

SEMAINE 2

  • Biases and realistic preferences

SEMAINE 3

  • Inefficient markets

SEMAINE 4

  • Applications: Investor behavior

 

 

 

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Instructors

Arzu Ozoguz
Finance Faculty
Jones Graduate School of Business

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Content Designer

Rice University
Located on a 300-acre forested campus in Houston, Rice University is consistently ranked among the top 20 universities in the U.S. and the top 100 in the world. Rice has highly respected schools of Architecture, Business, Continuing Studies, Engineering, Humanities, Music, Natural Sciences and Social Sciences and is home to the Baker Institute for Public Policy.
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Platform

Coursera

Coursera is a digital company offering massive open online course founded by computer teachers Andrew Ng and Daphne Koller Stanford University, located in Mountain View, California. 

Coursera works with top universities and organizations to make some of their courses available online, and offers courses in many subjects, including: physics, engineering, humanities, medicine, biology, social sciences, mathematics, business, computer science, digital marketing, data science, and other subjects.

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Best Review

The course material is excellent to give first the financial background necessary to understand portfolio selection, then introduce the psychological factors that get in the way of making "cold and objective" decisions. The subject is kept very interesting throughout. Possibly my favourite course out of the four in the specialization.

Anonymous
Published on January 28, 2018
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January 28, 2018
starstarstarstarstar

The course material is excellent to give first the financial background necessary to understand portfolio selection, then introduce the psychological factors that get in the way of making "cold and objective" decisions. The subject is kept very interesting throughout. Possibly my favourite course out of the four in the specialization.

October 14, 2017
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One of the best courses on the subject. Period.Dr. O, does a great job in uncovering the biases that affect investors and funds. A must if you are serious about investing and managing a portfolio.

May 16, 2017
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A bit too easy in comparison to the previous module. The Efficient Market Hypothesis is perfectly explained as well as many other things. I think more practical manipulations with data would have been useful.

February 11, 2017
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Extremely interesting but could be more detailed showing more specific data and examples with downloadable spreadsheets.

January 25, 2017
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Quite disappointing. Lecturers / tutors no responding in time, and the solution provided are questionable, which already happened in earlier courses of this specialisation.