Exploring the answers to portfolio theory

Classical economics assumes investors are logical decision-makers who carefully weigh risks and rewards. In reality, emotions often override reason. Psychologists Daniel Kahneman and Amos Tversky demonstrated this through Prospect Theory (1979), which showed that people evaluate outcomes relative to a reference point and experience losses…

Financial strategies are not one-size-fits-all. The approach that works for building wealth early in life often differs greatly from the strategies needed to preserve it once you’ve accumulated significant assets. Understanding the distinction between wealth building and wealth protection is crucial for making smart, goal-aligned…

In the age of constant financial news, online discussions, and social media, it has never been easier to access opinions about investing. From YouTube channels and podcasts to financial blogs and online forums, countless voices offer advice on where to put your money. While some…

Most investors like to believe they make rational, data-driven decisions — analyzing fundamentals, studying charts, and following market news. Yet in practice, human emotion and psychology play a far greater role in investment outcomes than spreadsheets or forecasts ever do. This is where behavioral finance…