This is an introduction to behavioral biases.  

The short version: thinking is hard.  It can take time and effort.  So we have evolved to come up with shortcuts and biases that do not always help us when it comes to financial decisions (or other kinds of decisions either).

This material is central to the whole course.  So be sure to understand it as you go through the various topics covered. 

A few of the links we will be covering in class are: 

Wikipedia, but very well done: https://en.wikipedia.org/wiki/List_of_cognitive_biases

Daniel Kahneman - Your Mind and Your Mo

Daniel Kahneman - Thinking, Fast and Slow

Daniel Kahneman - Masters in Business

Daniel Kahneman - Thinking, Fast and Slow Animated Book Review

FightMediocrity - Priming, Halo Effect, Hindsight Bias - Thinking, Fast and Slow (Part 3)

Hidden Brain - I’m Right, You’re Wrong

Big Think - Your Brain is so Judgemental

Long Luong - Loss Aversion and The Endowment Effect

Behavioral Finance and Market Behavior

Meir Statman - Interview with Meir Statman: Masters in Business (Audio)

Laurie Santos -  A Monkey Economy as Irrational as Ours