Except for the occasional tome or lecture from one of the industry's wise men, you don't hear quite as much about behavioral economics these days.
At the risk of falling victim to a correlation-equals-causation trap, we would suggest that's partly because the stock market has finally gotten back on track and investors have dismissed worries of irrational behavior at the moment. But while the S&P 500 has posted a healthy 11% gain over the past year, those wise men would tell you that this is precisely the time to be on guard against irrational behavior-in yourself and your clients.
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