24th Annual Summer Seminars: The Psychology of Investing in 2013
John Schott, MD
This seminar studies the development of behavioral finance from its infancy shown in the 17th century tulip mania through current research in neurofinance. This seminar begins by examining the origins of the participant’s personal attitudes toward money. In-depth looks are made into historical market manias, herd mentality, the development of investment heuristics, investments psychology research and neurofinance. The role of money in transference and countertransference is also discussed. The seminar also explores the psychology of the market as opposed to the emotions of individual investors. There is ample opportunity for attendees to discuss their own clinical experiences…
- Discuss the implications of new neuro-physiology studies on investment behavior;
- Apply psychology and psychoanalysis to an understanding of the investment process;
- Discuss the psychology of money, greed, and aggression;
- Describe group dynamics, the psychology of a crowd, and their relationships to the stock market;
- Discuss quantitative methods for measuring these forces;
- Identify and address the neurotic issues related to the handling of money and investments;
- Identify and address transference and countertransference.
Monday – Friday: 9:00 am – 12:15 pm
Beth Israel Deaconess Department of Psychiatry Foundation, Inc./Contact Hours: 15
The Harvard Medical School is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians.
The Harvard Medical School designates this live activity for a maximum of 15 AMA PRA Category 1 Credits™. Physicians should claim only the credit commensurate with the extent of their participation in the activity.
Psychologists: The Continuing Education Program at Beth Israel Deaconess Medical Center, a major teaching hospital of Harvard Medical School is approved by the American Psychological Association to offer continuing education for psychologists. The Continuing Education Program at Beth Israel Deaconess Medical Center, a major teaching hospital of Harvard Medical School maintains responsibility for this program and its content.
Counselors: The Continuing Education Program at Beth Israel Deaconess Medical Center, a major teaching hospital of Harvard Medical School continuing education is an NBCC Approved Continuing Provider (ACEP) and may offer NBCC approved clock hours for events that meet NBCC requirements. The Week Long Summer Seminars for a maximum of 15 clock hours and the Weekend Summer Seminars for a maximum of 10 clock hours. The ACEP solely is responsible for all aspects of the program.
Social Workers: For information on the status of the application to the Massachusetts Chapter of the National Association of Social Workers, please call 617-754-1265 or email: firstname.lastname@example.org.
Nurses: This summer program meets the specifications of the Board of Registration in Nursing (244 CMR).
JOHN SCHOTT, MD is a Clinical Instructor in Psychiatry at Harvard Medical School, and former Chairman of the Department of Psychiatry at the Metro West Medical Center. He is a graduate of the Boston Psychoanalytic Society and Institute, where he is past Treasurer and Chairman of the Board of Trustees. Dr. Schott was also a stockbroker for ten years and is presently a registered investment advisor with the SEC, a principal in Steinberg Global Asset Management, and a money manager. For many years he had pursued a dual career as a practicing psychiatrist/psychoanalyst and a practicing investment advisor. For the past 27 years, he has published The Schott Letter, a monthly national newsletter that recommends stock purchases for individual and Keough accounts. A feature of the newsletter is his column, From Behind the Couch that analyzes how individual and group psychology affect successful investing. Dr. Schott is also a trustee for the Templeton Foundation.