After laying out various biases in previous toolsets, we now look at how they effect people/firms.
Stay at home investing
Abstract: "This study uses survey data of fund managers' views on prospects for international equity markets to shed light on why investm...
Maybe it is not as much of a bias as we thought?? "While modern portfolio theory predicts that investors should diversify across inter...
Not just in your country, but in your neighborhood
maybe it is we measure benefits of diversification incorrectly? In bad times correlations increase.
investor/employees invest more in their own company's stock if the stock has done well in past. Alas, it stops doing well.
The debate on hot hands in mutual funds
The seminal article on hot hand persistance (or lack thereof)