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Features & Commentary

Your Mind and Your Money

The Team Tab

Journalist Dan Grech will be your guide through the world of behavioral finance. You'll also hear from series producer Jack Kahn and NBR anchors Paul Kangas and Susie Gharib. Photo of Dan Grech

The Blog Tab

Discuss the psychology of investing and much more on NBR's "Your Mind and Your Money" blog.

LATEST ENTRY:

Following the Crowd

FEATURED REPORT:

Image of a herd of piggy banks.

Report: Am I Part of the Investor Herd?

November 16, 2009

Dan Grech uncovers the role herd mentality plays in investing.

Video | Transcript | Podcast

ADDITIONAL RESOURCES:

NBR Link: Understanding Group Think

Podcast: Implications of Behavioral Finance for Real Estate and Other Markets

Click to explore more in Crowd.
Perception v. Reality

FEATURED REPORT:

Graphic showing human head as geometric pattern.

Report: Seeing Patterns Where None Exist

January 11, 2010

Can investors mislead themselves by trying to make sense of random events?

ADDITIONAL RESOURCES:

NBR Link: Cognitive Biases Series by Statman (PDF)

Click to explore more in Perception.
Lessons Learned

FEATURED REPORT:

Image of a puzzle piece being placed.

Behavioral Finance Lessons from Dr. Greg Berns

November 24, 2009

Dr. Gregory Berns discusses his personal applications of behavioral finance and explores related ideas in further detail.

Video | Podcast

FROM Kiplinger's Personal Finance:

How We Can Escape This Mess

ADDITIONAL RESOURCE:

Podcast: Behavioral Biases and the Systematic Mispricing of Securities

Click to explore more lessons.
The Series Tab
October 2009 through September 2010

"Are your investment decisions always logical? Or, do psychological and emotional glitches trip you up?"

Behavioral finance teaches us few people always make logical investment decisions. Psychological and emotional biases get in the way. NBR's year-long "Your Mind and Your Money" series aims to help investors understand those biases and make more rational decisions.

Reports and interviews will appear in the NBR program on select Mondays, and additional information -- including companion articles from Kiplinger's Personal Finance -- will appear here regularly. Behavioral finance is a relatively new field of study, so make sure you consult a financial advisor for practical advice about investing.

Behavioral Finance Basics

FEATURED REPORT:

Image of dollar sign in a maze.

Extended Interview with Daniel Kahneman

November 4, 2009

Kahneman discusses prospect theory and other key aspects of behavioral finance.

Video | Podcast

FROM Kiplinger's Personal Finance:

Be a Better Investor

ADDITIONAL RESOURCE:

Podcast: Behavioral Finance and the Credit Market Crisis

Click to explore more in Basics.
Dealing with Risk

FEATURED REPORT:

Image of dice.

Report: Why Do Investors Treat Risk Differently?

December 14, 2009

Dan Grech finds out why some investors fear risk while others embrace it.

ADDITIONAL RESOURCE:

Link: Learning Theory and Behavioral Psychology

Click to explore more in Risk.
Your Money Personality

FEATURED REPORT:

Close up of Franklin's eyes from a 100 dollar bill.

Report: Coming Soon!

In production

Look for our first reports about your money personality to appear here in 2010.

EXTERNAL ARTICLE:

What Investment Characteristics are Important to You?

ADDITIONAL RESOURCE:

NBR Link: What's Your Investment Temperament?

Click to explore more in Personality.

Your Mind and Your Money is made possible by a grant from the FINRA Investor Education Foundation.

Production support for Your Mind and Your Money provided by Kiplinger's Personal Finance.

Information presented in this series is reviewed by an advisory board of finance experts.