What is behavioral finance

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1. Mutual funds that follow a "momentum trading" strategy are known on Wall Street as "momos." How might a mutual fund manager use a momentum trading strategy? Why might the fund manager expect to earn an above-average return?

2. What is behavioral finance? How is it related to behavioral economics?

3. What do economists mean when they describe investors as behaving rationally?

Reference no: EM131304463

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