SOURCE: Bell Investment Advisors
OAKLAND, CA--(Marketwire - Oct 22, 2012) - Bell Investment Advisors, a Bay Area registered investment advisory firm, announced today that they are now offering the public a free white paper, "Why Momentum Exists: A Perspective on Investor Behavior." Bell Investment Advisors regularly offers free white papers and webinars as part of an ongoing educational series.
"Last year at this time, we published a white paper titled 'Momentum Investing: How to Gauge the Market's Opinion of the Future.' In it, we discussed the presence of momentum in the financial markets and why it is valuable information for investors," said Matt King, CFA, Chief Investment Officer and Managing Director of Bell Investment Advisors. "Although we discussed the reason momentum works as an investment strategy, we never attempted explain why it exists in the first place."
In this new white paper, King analyzes momentum from different points of view such as a finance professor and a mathematician. "There are many reasons why momentum may exist in financial markets," King explains. In this paper various investor behavioral biases such as "Herding" and the "House Money Effect" are also examined as potential causes of momentum in financial markets.
King states, "We believe that momentum exists in financial markets because of people -- at least as a result of their investing behavior." To access the free white paper, visit http://www.bellinvest.com/resource-center/white-paper/perspective-on-investor-behavior.
An archive of additional resources and white papers offered by Bell's financial advisors and occasional guest writers can be found at http://www.bellinvest.com/resource-center/white-papers. Subjects include timely information and research from experts in a variety of fields relevant to achieving personal, professional and business success.
Through Investment Management, Financial Planning, and Career/Life Coaching, Bell Investment Advisors (http://www.bellinvest.com/) intends to help individuals and families build positive momentum for a good life. Established in 1991, the firm has offices in Oakland and Santa Rosa, California.