Case Behavioral Finance at JP Morgan Assignment Questions: 1. Leaving aside the implementation, do you agree with the investment philosophy of the JP Morgan Intrepid Funds? 2. How do biases and other mental shortcuts affect real decision making? What sorts of decisions and market outcomes are prone to bias? Corporate nancial decisions? Capital market prices? 3. How do behavioral biases affect investment decisions? 4. What is behavioral investing? What is the economic rationale, the evidence, and the mechanics for the investment management approach? Do you think it will be effective going forward? Why or why not? 5. Would you invest in the Intrepid Funds