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Game Theory, Behavioral Finance, and Investing: Part 5 of 5
In the first four parts of this article, I have discussed a number of well-known behavioral biases that cause investors to make decisions that are, to put it kindly, less than optimal. In this final...
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Goldman Sachs Predicts 4.5% 10-year Treasury Yields
Goldman Sachs just came out with a prediction that 10-year Treasury bond yields will rise to 4.5% by 2018 and the S&P 500 will provide 6% annualized returns over that same period. The driver for...
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