Omar Aguilar, Ph.D.

Behavioral finance

With the U.S. bull market charging past one obstacle after another over the past 10 years, your clients may be expressing a desire to invest primarily in domestic equities.
Behavioral finance

Some of your clients may be expecting that 2019’s remarkable equity market results will replicate themselves this year. In behavioral finance terms, this cognitive behavioral finance trap is known as the recency bias.
Investment Insights

One potential opportunity is Fundamental Index® strategies, which may help reduce the negative effects of behavioral finance biases that can crop up during a market crisis like COVID-19.
Market Commentary

Schwab experts share their perspectives on global markets, economies, and the investment environment for stocks and fixed income.
Behavioral finance

With the U.S. bull market charging past one obstacle after another over the past 10 years, your clients may be expressing a desire to invest primarily in domestic equities.
Leadership Insights

Behavioral finance suggests that your clients frequently employ mental heuristics when making investment decisions. However, as the availability bias demonstrates, these shortcuts often come at a cost.
Leadership Insights

Value is more relative than economists once believed. Classical economic theory holds that market participants are rational decision makers who unfailingly attempt to maximize their returns. Embracing this maxim leads to expectations that developed equity markets, as a collective extension of individual market participants, are therefore efficient and rational. However, global equity markets often fall considerably short of such expectations, defying economic theory and reflecting the fact that investors are often predictably irrational, instead.
Behavioral finance

If your clients have occasionally seemed disconnected from market realities this year, the normalcy bias may be at work. Read our behavioral finance insights to learn more about this bias and its generational effects.

Omar Aguilar, Chief Investment Officer, Equities and Multi-Asset Strategies, discusses behavioral finance principles and how they affect investor decisions and influence market trends. He also explains the importance of educating advisors on behavioral finance and how the Biagnostics™ program can help advisors deliver a better client experience.