The Relationship between Spiritual Intelligence and Investors Behavioral Biases in the Tehran Stock Exchange

The focus of the present study was on spiritual intelligence that is one of the four major intelligences and also focused on investor’s emotional behavioral bias in the Tehran stock Exchange. Behavior methods are some errors which investors may encounter with them and suffer from many undesirable losses in investing activities. One of the scopes which was paid attention by many economic researchers is behavior financial knowledge. The behavioral financial knowledge that is mixed of economics and psychology, has studied investors behaviors from different points of view. One of the studies is behavior patterns or investors emotional and cognitive bias that has been studying in this survey. The method of the study was selected based on descriptive, correlating and survey methods and the study population and tools are Tehran Stock Exchange investors and questionnaire respectively, and 384 people was selected randomly to ask questions. The results showed that there’s a significant and meaningful relationship between spiritual intelligence and patterns like self-controlling, loss-aversion, regret-aversion and Endowment, but there’s no relation between spiritual intelligence and bowled Status Que bias and optimization.