Practice Makes Perfect: Building a Well-Behaved Portfolio

Even the most experienced investors can fall prey to one of the 150+ behavioral biases researchers have documented. But Dr. Anastasia Buyalskaya, a behavioral finance advisor to PIMCO, and Devin Ekeberg, PIMCO senior consultant in advisor education, believe the goal isn’t to rationalize them away; it’s to build frameworks that keep biased thinking from driving decision making.  

Together with Greg Hall, they discuss: 

The behavioral finance biases that hide in plain sight and how they can quietly shape investment decisions  

How advisors can act as financial therapists, keeping clients level-headed when emotions run high  

What AI really means for advice, both personal and financial, and why those AI compliments aren’t always so nice 

Show notes: 

[4:01] Intro to Behavioral Finance 

[13:10] Common Decision-Making Biases 

[20:20] Tools for Avoiding Behavioral Traps 

[24:45] Using Behavioral Finance in Advisor Conversations 

[34:01] How Sources of Information Influence Behavior 

[46:36] Is AI Good or Bad for Decision Making?