Home bias is just what it sounds like – you prefer to choose things that are closer to home. For investing, this can mean that you have too many assets in your portfolio that are linked to the country you’re living in or the company you work for – and this can lead to major problems.
One of Gizelle’s former PHD students, Shreeya Jugnandan, is our guest for this episode. Shreeya actually unpacked Home Bias for her thesis. She found some interesting stats when looking at how South African’s invest and the disconnect between where they want to live vs where they want to invest their money. She also developed a and has a practical model to help us combat behavioural biases in your investing decisions.
Useful links:
More about Dr Shreeya Jugnandan:
The Causal Impact of Media in Financial Markets - https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1462416
More on the collapse of Silicon Valley Bank:
More on the two studies Shreeya mentions:
Be sure to like this episode and hit the subscribe button to get notified when the next episode drops.
You can also read more on my blog: https://www.nudgingfinancialbehaviour.com/mitigating-bias/
Or watch to the video version of this podcast episode: https://youtu.be/AVkqODKbfE8
Special thanks to everyone who has helped put this series together:
Better Financial Decisions - Episode 10 | Season2
Trailer for Episode 10 – Better Financial Decisions
Diversification - Episode 9 | Season2
Trailer for Episode 9 – Diversification
Trailer for Episode 8 – Home Bias
Primacy and Recency Effects - Episode 7 | Season2
Trailer for Episode 7 – Primacy and Recency Effects
Availability Bias - Episode 6 | Season2
Trailer for Episode 6 – Availability Bias
Impression Management - Episode 5 | Season2
Trailer for Episode 5 – Impression Management
The Disposition Effect - Episode 4 | Season2
Trailer for Episode 4 – The Disposition Effect
Navigating uncertainty - Episode 3 | Season2
Trailer for Episode 3 – Navigating uncertainty
Loss aversion - Episode 2 | Season2
Trailer for Episode 2 – Loss aversion
Risk tolerance - Episode 1 | Season2
Trailer for Episode 1 – Risk tolerance
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