The goal of this online web session is awareness of theory versus investment experiences. The course discusses ‘obvious’ shortcomings, like the fact that we trust models more than human experience, we rely on the figures from the past instead of the future, we think in % instead of €, we weigh loss more than profit, and we use High School math to arrive at an efficient portfolio.
Insights and experiences covered are, for example:
- The evolution of ALM
- Unexpected events
- Pitfalls in assumptions and reporting
- Coherent economic eras
- Risk perception
- Implementation glitches