References
1 Alexander Forbes Survey 2004.
2 John Payne and Arnold Wood, “Individual Decision-making and Group Decision Processes”, The Journal of Psychology and Financial Markets. Vol. 3. No.2. 2002.
3 Barton Biggs, “Groupstink” Strategy and Economics, Morgan Stanley Dean Witter, 4/5/99
4 Montague and Quartz “Implicit signals in small group settings and their impact on the expression of cognitive apacity and associated brain responses” Philosophical Transactions of the Royal Society B. 2012
Other sources:
“Are Women Better Investors Than Men?” Moneycentral, 3/10/1999.
Brad Barber, Chip Heath and Terrance Odean, “Good Reasons Sell: Reason-Based Choice Among Group and Individual Investors in the Stock Market”, Management Science Vol 49, No. 12 Dec. 2003.
Brad Barber and Terrance Odean, “Too Many Cooks Spoil the Profits: Investment Club Performance”, Financial Analysts Journa,l January/February 2000.
“Investment Committees and Behavioral Finance” Cambridge Associates LLC.
Chip Heath and Rich Gonzalez, “Interaction with Others Increase Decision Confidence but not Decision Quality
Irving L. Janis, Groupthink, Houghton Mifflin Company, Boston, 1982.
Michael Mauboussin, “Aver and Aversion” August 9, 2005.
Michael Mauboussin, “Investment Committees September 1, 2009
Read Montague and Steven Quartz “Implicit signals in small group settings and their impact on the expression of cognitive apacity and associated brain responses” Philosophical Transactions of the Royal Society B. 2012.
David Swensen, Pioneering Portfolio Management, 2002.
Arnold S. Wood, “Investment Committee Dynamics: Reckless Reflex vs. Rational Response”. Russell Endowment and Foundation Symposia Series. 2004.