CFA Society Melbourne

Lunchtime Presentation | Behaving Correctly; controlling those inner urges

The topic of Behavioural Finance has become increasing relevant in a world driven by liquidity, teenage scribblers and colluding traders. It received big exposure in 20i3 with the award of the Nobel Prize in Economics to Professors Farma, Schiller and Hansen and a bigger one just last year when behaviouralist Richard Thaler hooked it.

With the dominance of ETF’s and the reduction of market liquidity, behavioural issues will become more important than ever – just what information is discounted in prices?

This talk has been especially directed towards investors – of all kinds. Warren Buffet said, ““You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ.” Investing well is a matter of selfcontrol and behavioural finance studies enable us to see when emotion is taking over from rationality.

Attendee investors will be able to tick off their emotional buttons, by matching themselves against some of the case studies and learn how they can resist surrendering to them.

When: Friday, 25 May, 2018
Where: Mututal Trust, Level 32, 360 Collins St, Melbourne
Time: 12.15pm for 12.30pm start (lunch included)
Cost: $15 members, $25 Q Group/Actuarial/CAIA $35 non-members
RSVP: 22 May, 2018

Register here now

For any enquiries, contact Emma Phillips.

 


Richard Harris

Richard Harris has pioneered Asian investment management at senior levels for large global and regional companies, such as JP Morgan (then Jardine Fleming), Citi, BNY Mellon – and several startups. He has 40 years of experience in a full range of investment and capital markets activities. He has managed multi-asset long, derivative, hedge, and mutual funds for sovereign, endowment, institutional, pension, private and retail clients. He is CEO of Port Shelter Investment Management, which consults to public and private Institutions, Boards and Family Offices – and has substantial regulatory, Board and China experience. As a consultant, his wide range of skills means that he provides significant value for money.

Richard has a decade’s experience as the most widely experienced Asian financial expert witness in Asia, having testified or reported on cases in Hong Kong, SG, Australia, the UK, and the United States in civil and criminal cases, arbitrations and tribunals. He is a Practicing Member of the Academy of Experts.

Richard Harris is a prolific thinker and author and has a weekly column in the prestigious South China Morning Post. He is a Presenter of Radio Television HK’s “Money Talk”; and a regular Guest Host on CNBC Asia and Europe, and Bloomberg. His book, China’s Oasis is published in May 2018.

Mr. Harris holds a First Class Honour’s degree from King’s College London, Master’s in Engineering Geology from Imperial College, London and a Master in Business Administration degrees from Harvard Business School. He holds further certificates from Peking and Stanford Universities. Richard is an aerobatic private pilot and a rugby player of some 54 years’ standing.