@article {Jones1, author = {Robert C. Jones}, editor = {Keefe, John}, title = {Practical Applications of Making Better (Investment) Decisions}, volume = {2}, number = {2}, pages = {1--3}, year = {2014}, doi = {10.3905/pa.2014.2.2.072}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Making Better (Investment) Decisions Robert C. Jones Author Bob Jones applies ideas from cognitive psychology and decision theory to investment management decision making to show how {\textquotedblleft} disaggregated judgment{\textquotedblright} can improve outcomes.{\textquotedblleft} People are good at observation, and noticing when things stick out as different, {\textquotedblright} Jones notes. {\textquotedblleft}What we{\textquoteright}re not so good at is synthesizing diverse information together to reach a conclusion. Disaggregated judgment is designed to assure that you consider all the factors in a consistent way. {\textquotedblright}The author, CIO at System Two Advisors , in Summit, New Jersey, also recommends that firms encourage less stressful environments and organizational structures that encourage the free exchange of ideas.TOPICS: Portfolio management/multi-asset allocation, in markets, risk management}, issn = {2329-0196}, URL = {https://pa.pm-research.com/content/2/2/1.7}, eprint = {https://pa.pm-research.com/content/2/2/1.7.full.pdf}, journal = {Practical Applications} }