Behavioral Finance - Introduction to Market Efficiency

Dive deep into the fascinating intersection of human psychology and financial markets with this comprehensive introductory course on Behavioral Finance and Market Efficiency, led by expert instructor Bryan Foltice. While traditional financial theories rely heavily on the Efficient Market Hypothesis (EMH)—the idea that asset prices always reflect all available information—real-world markets frequently display irrational behaviors, anomalies, and extreme volatility. This course serves as an essential guide for investors, finance students, and market analysts who want to understand why markets do not always behave rationally. Throughout this curriculum, you will explore the three core forms of market efficiency (weak, semi-strong, and strong) and tackle the perplexing joint hypothesis problem that complicates empirical testing. You will also dissect ten of the most prominent market anomalies that challenge standard economic models, discovering how these inefficiencies manifest and how savvy market participants identify them. Finally, the course breaks down the anatomy of historical and modern asset bubbles, providing you with the analytical tools needed to spot speculative frenzies before they burst. By bridging the gap between classical finance theory and behavioral realities, this course empowers you to make more informed, psychologically grounded investment decisions.