It may not seem like it but this man may unwittingly hold the secret to understanding how you measure your investment portfolio…but looks can be deceiving.
We recently wrote about a benign self-delusion as it relates to investment decision making. We were talking about the illusion of control. You want to see illusions play out? Look at the average person’s, (even the average professional..
In 1990, an R&B trio got nominated for a Grammy award for their song “Let’s Talk About Sex,” which was (at the time) a more than usually overt song about a topic that is still pretty taboo in America. It was considered by music pundits at..
Like the groundhog, entire herds of investors stick up their head just after the end of January, and try to decide what the year will be like. They are just about as accurate, generally. Groundhog day is thought to have its roots in old..
It seems like investors are always looking for somebody to emulate. I find investors dissecting the buying decisions (and annual investor letter) of Warren Buffet, reading books by Peter Lynch, and spending hours trying to figure out how..
First, an anecdote. Names and a few minor details have been changed to protect the innocent. Otherwise, this is a true story. A friend of mine, in the summer just after we graduated from college, went on a cross-country drive in an attempt..
Investment policy and financial planning is a process that goes beyond the math, into issues of perception. When going through the investment policy and financial planning process, we occasionally get the question, “Haven’t we answered..
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