Keep pulling the thread on Emily Haisley.
BlackRock's behavioral finance team uses a suite of proprietary analytics to quantify investor biases such as loss aversion, disposition bias, endowment effect, overconfidence, and myopia.
At BlackRock, data from Oura Rings has shown relationships between investors' measured stress levels and the risk-taking decisions they make in their portfolios.
BlackRock uses an AI-powered simulation program, described as "war games," to test how its investors will react under specific market circumstances.
BlackRock manages retirement investment money for approximately 35 million Americans.
BlackRock's behavioral finance team uses wearable technology, primarily the Oura Ring, to link portfolio managers' physiology to their portfolio activity on a voluntary and confidential basis.
BlackRock's value-add real estate group implemented a process where investment committee members independently vote on and rate deals before preliminary meetings to counteract anchoring bias.
A BlackRock real estate investment committee introduced the role of an outside challenger to act as a devil's advocate and conduct a "pre-mortem" on potential deals.
BlackRock is the world's largest asset manager with more than $14 trillion in assets under management.
Emily Haisley's behavioral finance team at BlackRock operates within the Risk and Quantitative Analysis group, serving as an independent and consultative function for investment teams.
To reduce social pressure, a BlackRock real estate group implemented anonymous voting in its final investment committee meetings.
Political diversity is essential for decision-making teams because political polarization can lead to a biased worldview that critically affects forecasting.
The "tainted altruism" bias describes the tendency to believe that initiatives with positive externalities, such as sustainability, are unlikely to be profitable.