Behavioral Finance Talk: Bad Behavior is Hazardous to Your Wealth

Date

December 14, 2017

  • External Forces & Industry Knowledge
  • Strategic Insight and Integration

 

Event Home | Presenter & Moderator | CPD

 

Presented by

Investment Section

Who Should Participate

Anyone interested in:

Investment Section

Joint Risk Management Section

Education and Research Section

Actuary of the Future Section

Predictive Analytics and Futurism Section

Modeling Section

Description

Everyone makes mistakes, it’s part of what makes us human. Because individuals understand their actions are sometimes flawed, it was perhaps inevitable that the field of psychology would develop a rich body of academic literature to analyze why people often make poor decisions. Although insights from academia can be highly theoretical, everyday life experiences corrobate many of these findings at a basic level. Individuals can recognize their frequent irrational urges and often seek the judgment of experts to avoid becoming their own worst enemy. People assume that experts, with years of experience in their particular fields, are better equipped and incentivized to make unbiased decisions. But is this assumption valid?

How the live webcast works and what it includes

You do not need any special equipment. On December 13, 2017, before 2:00 p.m. ET you will be sent detailed webcast instructions via email including the Web address for accessing the presentation. Any handouts that are available will also be sent. You will follow along with both the slide presentation and the audio portion of the broadcast over the Internet. The registration fee includes:

The registration fee includes:

  • One access code to the live webcast;
  • One Internet connection;
  • One phone connection (to be used only if experiencing sound issues or if in a conference room with a group);
  • One set of presentation materials; and
  • Access to the subsequent webcast recording.

Please note that each access code may only be used for one location, even if you register for more than one participant.

Post-Webcast Purchase Opportunity

For those who are interested in SOA webcasts but are unable to participate in the live event, access to an archived recording of the webcast will be available for purchase approximately 10 business days following the event by using the following link.

Back

Legend

Communication

Demonstrating the listening, writing and speaking skills required to effectively address diverse technical and nontechnical audiences in both formal and informal settings.

Professional Values

Adhering to standards of professional conduct and practice where all business interactions are based on a foundation of integrity, honesty and impartiality.

External Forces & Industry Knowledge

Identifying and incorporating the implications of economic, social, regulatory, geo-political and business changes into the design and delivery of actuarial solutions.

Leadership

Initiating, innovating, inspiring, creating or otherwise acting to influence others regardless of level or role toward a common goal.

Relationship Management & Interpersonal Collaboration

Creating mutually beneficial relationships and work processes toward a common goal.

Technical Skills & Analytical Problem Solving

Applying the actuarial knowledge, skills and judgment required to provide value-added services.

Strategic Insight & Integration

Anticipating trends and strategically aligning actuarial practice with broader organizational business goals.

Results-Oriented Solutions

Providing effective problem solving that addresses relevant interests and needs.