Authors note—this was written on Saturday and Sunday (June 25th and 26th) . It takes a few days to get from the writing to publishing, as there are a number of approval steps required. The message is still intact, and I think relevant,..
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..
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..
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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