{"id":652,"date":"2019-02-02T21:30:08","date_gmt":"2019-02-02T20:30:08","guid":{"rendered":"https:\/\/tetralog.de\/?p=652"},"modified":"2020-01-30T12:03:20","modified_gmt":"2020-01-30T11:03:20","slug":"our-scientific-approach-is-designed-for-practical-use","status":"publish","type":"post","link":"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/","title":{"rendered":"Our scientific approach is designed for practical use"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-764 alignleft\" src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1-300x298.png\" alt=\"\" width=\"300\" height=\"298\" srcset=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1-300x298.png 300w, https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1-150x150.png 150w, https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1-768x763.png 768w, https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1-120x120.png 120w, https:\/\/tetralog.de\/wp-content\/uploads\/2019\/04\/WhoWeAre_Wissenschaft-1.png 969w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Forerunners of Behavioural Finance<\/h2>\n<p><a href=\"https:\/\/tetralog.de\/en\/fin-tech-pioniere-seit-25-jahren\/\">Almost 20 years ago<\/a> there were the classical economists \u2013 and there were us: the sometimes suspiciously eyed exotics who questioned homo oeconomicus and, with the combination of mathematics and psychology, examined the actual investment behaviour of investors. Today, we are proud to have been among the first to establish Behavioural Finance in the industry \u2013 even before the financial science approach made a career under this term.<\/p>\n<h2><\/h2>\n<h2>Democratisation of investment know-how for private investors<\/h2>\n<div class=\"ttl-meta-slider right\"><div id=\"metaslider-id-1506\" style=\"max-width: 230px;\" class=\"ml-slider-3-101-0 metaslider metaslider-flex metaslider-1506 ml-slider ml-slider-lightbox-2-10-0 gallery foobox-image-lightbox-2-7-35 ms-theme-default nav-hidden\" role=\"region\" aria-label=\"Wer wir sind - Wissenschaftlicher Ansatz\" data-height=\"383\" data-width=\"230\">\n    <div id=\"metaslider_container_1506\">\n        <div id=\"metaslider_1506\">\n            <ul class='slides'>\n                <li style=\"display: block; width: 100%;\" class=\"slide-1522 ms-image \" aria-roledescription=\"slide\" data-date=\"2019-12-20 11:41:34\"><a href=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_01.jpg\" data-src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_01.jpg\" data-thumb=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_01-230x383.jpg\" class=\"ml-lightbox-enabled\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_01-230x383.jpg\" height=\"383\" width=\"230\" alt=\"\" class=\"slider-1506 slide-1522 msDefaultImage\" \/><\/a><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-1521 ms-image \" aria-roledescription=\"slide\" data-date=\"2019-12-20 11:41:34\"><a href=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_02.jpg\" data-src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_02.jpg\" data-thumb=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_02-230x383.jpg\" class=\"ml-lightbox-enabled\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_Journal_02-230x383.jpg\" height=\"383\" width=\"230\" alt=\"\" class=\"slider-1506 slide-1521 msDefaultImage\" \/><\/a><\/li>\n                <li style=\"display: none; width: 100%;\" class=\"slide-1523 ms-image \" aria-roledescription=\"slide\" data-date=\"2019-12-20 11:41:34\"><a href=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_DrBrengelmann_Thumbnail.jpg\" data-src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_DrBrengelmann_Thumbnail.jpg\" data-thumb=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_DrBrengelmann_Thumbnail-230x383.jpg\" class=\"ml-lightbox-enabled\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/02\/03_DrBrengelmann_Thumbnail-230x383.jpg\" height=\"383\" width=\"230\" alt=\"\" class=\"slider-1506 slide-1523 msDefaultImage\" title=\"Dr. Brengelmann\" \/><\/a><\/li>\n            <\/ul>\n        <\/div>\n        \n    <\/div>\n<\/div><\/div>\n<p>the long term, a widely diversified investment is superior to any investment in a single instrument: the \u201cdiversified portfolio\u201d forms the core of the modern portfolio theory, for which Harry Markowitz was awarded the Nobel Prize together with William F. Sharpe, eponym of the Sharpe Ratio. A lot of ideas used in our analytical functionalities, which provide the basis of our\u00a0<a href=\"https:\/\/tetralog.de\/en\/unser-kernstueck-50-software-module-fuer-den-gesamten-investmentberatungsprozess\/\">software modules<\/a>, are derived from the scientific findings of Markowitz and modern portfolio theory. It has always been our goal to reassess the complex calculations of institutional investments and translate them visually so that even private investors can understand and use them for themselves.<\/p>\n<h2>Risk disposition metrics with Brengelmann<\/h2>\n<p>The scientific core of our risk profiling of investors is a study by Max Planck Institute scientist Johannes C. Brengelmann. As a leading behavioral therapist, he demonstrated that the risk behavior of people can only be understood via a multi-dimensional approach. In close cooperation with Prof. Brengelmann himself, we further developed the results of his basic research into an approach that can be used in\u00a0<a href=\"https:\/\/tetralog.de\/en\/our-know-how-integrating-customer-experience-into-the-banks-value-chain\/\">day-to-day advisory processes<\/a> to simply and sensibly record investors\u00b4 willingness to take risks. This is an established component of tetralog\u2019s\u00a0<a href=\"https:\/\/tetralog.de\/en\/our-core-business-the-interface-for-the-consulting-process-at-the-clients-premises\/\">calculation kernels<\/a>\u00a0for risk profiling and ensures the reliable measurement of the individual risk appetite of investors.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forerunners of Behavioural Finance Almost 20 years ago there were the classical economists \u2013 and there were us: the sometimes suspiciously eyed exotics who questioned homo oeconomicus and, with the combination of mathematics and psychology, examined the actual investment behaviour of investors. Today, we are proud to have been among the first to establish Behavioural Finance in the industry \u2013 even before the financial science approach made a career under this term. Democratisation of investment know-how for private investors the long term, a widely diversified investment is superior to any investment in a single instrument: the \u201cdiversified portfolio\u201d forms the core of the modern portfolio theory, for which Harry Markowitz was awarded the Nobel Prize together with William F. Sharpe, eponym of the Sharpe Ratio. A lot of ideas used in our analytical functionalities, which provide the basis of our\u00a0software modules, are derived from the scientific findings of Markowitz and modern portfolio theory. It has always been our goal to reassess the complex calculations of institutional investments and translate them visually so that even private &hellip;<\/p>\n","protected":false},"author":4,"featured_media":1071,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[87],"tags":[],"class_list":["post-652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Our scientific approach is designed for practical use - tetralog systems<\/title>\n<meta name=\"description\" content=\"Today, we are proud to have been among the first to establish Behavioural Finance in the industry \u2013 even before the approach made a career under this term.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our scientific approach is designed for practical use - tetralog systems\" \/>\n<meta property=\"og:description\" content=\"Today, we are proud to have been among the first to establish Behavioural Finance in the industry \u2013 even before the approach made a career under this term.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\" \/>\n<meta property=\"og:site_name\" content=\"tetralog systems\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-02T20:30:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-30T11:03:20+00:00\" \/>\n<meta name=\"author\" content=\"Dr. Lothar Jonitz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Lothar Jonitz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\"},\"author\":{\"name\":\"Dr. Lothar Jonitz\",\"@id\":\"https:\/\/tetralog.de\/#\/schema\/person\/19be70ae31e7d7524d4fdf8cea2892f5\"},\"headline\":\"Our scientific approach is designed for practical use\",\"datePublished\":\"2019-02-02T20:30:08+00:00\",\"dateModified\":\"2020-01-30T11:03:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\"},\"wordCount\":300,\"publisher\":{\"@id\":\"https:\/\/tetralog.de\/#organization\"},\"image\":{\"@id\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tetralog.de\/wp-content\/uploads\/2019\/09\/tt-icon-science.svg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\",\"url\":\"https:\/\/tetralog.de\/en\/our-scientific-approach-is-designed-for-practical-use\/\",\"name\":\"Our scientific approach is designed for practical use - 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