Behavioural Bias Benefits: Beating Benchmarks By Bundling Bouncy Baskets

3 Related Literature on Crisis, Pandemics, Biases, Behavior and Investments 7 3.1 The COVID-19 Pandemic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.2 Financial Markets and Crisis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 3.3 Analysis of Investment Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 3.4 Biases, Games and Investor Behavior . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 1 Dr. Yong Wang, Dr. Isabel Yan, Dr. Vikas Kakkar, Dr. Fred Kwan, Dr. William Case, Dr. Srikant Marakani, Dr. Qiang Zhang, Dr. Costel Andonie, Dr. Jeff Hong, Dr. Guangwu Liu, Dr. Humphrey Tung and Dr. Xu Han at the City University of Hong Kong; the editorial board, anonymous reviewers and numerous seminar participants provided many suggestions to improve this paper. The views and opinions expressed in this article, along with any mistakes, are mine alone and do not necessarily reflect the official policy or position of either of my affiliations or any other agency.