Title: Timely Lessons from Behavioral Finance (53 min)  From the CFA Institute 2009 Financial Analysts Seminar

Specialty Focus Areas: Behavioral Finance

Speaker: Christopher Malloy 

In this webcast, Christopher Malloy discusses the following:

• How can we better understand such phenomena as investor behavior, asset pricing, and managerial behavior?
• Is behavioral finance the driving force behind financial bubbles and market dislocations, and what have we learned from the recent financial crisis?
• How can the investment process be improved by understanding investor biases?

Christopher Malloy is an assistant professor in the finance unit of Harvard Business School, where he teaches the first semester core finance course. His research focuses on asset pricing, investment and portfolio choice, labor economics, behavioral finance, and empirical corporate finance. Previously, he taught at London Business School and worked at the Board of Governors of the Federal Reserve System in Washington, DC. Professor Malloy’s research has appeared in the Journal of Finance and has been described in the Financial Times. He received a BA in economics from Yale University and an MBA and a PhD from the University of Chicago Graduate School of Business.