Our October 11 event will ask us to think about how we make investment decisions. We all like to think that we coolly examine the business news and then make fact-based adjustments to our portfolios. Dr. G. Kevin Spellman, CFA, David O. Nicholas Director of Investment management and Senior Lecturer at University of Wisconsin-Milwaukee and periodic Adjunct Professor at IE Business School (in Madrid), is an expert on behavioral finance, and he'll tell us about research that identifies the ways in which investors actually make their decisions. It turns out that our emotions have much more influence than we would like to believe, and we often act in ways that are self-destructive because we are unaware of the behavioral foibles that drive us. Come to this event with an open mind. You'll learn things that save you money and help you capitalize on irrational markets.
In this session you will:
- Learn about several behavioral biases and take surveys to determine whether or not you have them.
- Learn how biases impact specific investment and other financial decisions.
- Receive helpful advice on how to overcome decision-making mistakes.
Dr. Kevin Spellman describes himself as a pracademic - he has professional and academic experience. He is the David O. Nicholas Director of Investment Management and Senior Lecturer of the rigorous Investment Management Certificate Program at the University of Wisconsin-Milwaukee and a periodic Adjunct Professor at the highly
regarded IE Business School (in Madrid). He researches and consults in asset
pricing, investment strategy, and behavioral finance. Since 1993, Spellman has
performed investment research. He managed pension fund (State Teachers
Retirement System of Ohio) and mutual fund (CUNA Mutual) assets using a variety
of investment approaches. His former titles include analyst, portfolio manager,
and director of research. He has consulted for firms such as Accenture,
Heartland Advisors, ISI Group, Nicholas Company, and others. Since 2000, he has
taught finance with a focus on investments, forensic accounting, and other
topics at several universities in the US and Europe including University of
Wisconsin-Milwaukee, IE Business School, University of Wisconsin-Madison,
Durham University, and The Ohio State University. He has a PhD in behavioral
finance from Durham University (in the UK) (2009), an MS Finance degree from
University of Wisconsin-Madison (1994), and a BS Finance degree from the
University of Wisconsin-La Crosse (1992). He is also a CFA charterholder