of external experts. At the same time, we continually endeavor to overcome the behavioral biases Nobel Laureate Daniel Kahneman and his collaborator Amos Tverksy have shown to affect economic decision-making and tolerance for risk. These key characteristics of our investment process not only underpin our conti

it is not accurate. In the domain of decision making, an extensive literature—spearheaded by the work of cognitive psychologists Daniel Kahneman and Amos Tversky—has documented the ways in which people deviate from the prescriptions of rational models. Kahneman and Tversky proposed that in many situations peop

it is not accurate. In the domain of decision making, an extensive literature—spearheaded by the work of cognitive psychologists Daniel Kahneman and Amos Tversky—has documented the ways in which people deviate from the prescriptions of rational models. Kahneman and Tversky proposed that in many situations peop

lectures by James G. March, on how psychological, social and other factors influenced decision-making. I particularly enjoyed learning from Professor Amos Tversky. Born in Haifa, he was half of an academic partnership with the psychologist Daniel Kahneman, who was also Israeli. They were investigating the effec

lectures by James G. March, on how psychological, social and other factors influenced decision-making. I particularly enjoyed learning from Professor Amos Tversky. Born in Haifa, he was half of an academic partnership with the psychologist Daniel Kahneman, who was also Israeli. They were investigating the effec