The Paradox of Behavioural Biases and Investment Instincts
How do you protect against an invisible enemy like behavioural bias? Four lines of defense can help: education, process, time, and objective advice.
How do you protect against an invisible enemy like behavioural bias? Four lines of defense can help: education, process, time, and objective advice.
Even if you start out with a well-diversified portfolio, you’re far more likely to lose your way if you have no big-picture plan to guide your cohesive course.
Countless performance-chasing parades have come and gone, with one thing in common: By trying to concentrate in a hot trend once it’s already popular, you’re riding a massive wave that could subside at any time.
Explore the pitfalls of financial forecasting and the risks investors face in chasing predictions and why certainty in uncertain markets is often elusive.
An investment philosophy is a set of principles or guidelines to steer the decision-making process and stipulate how your money will be managed across both good and challenging times.
We believe that investment noise is the greatest obstacle most investors face and the most essential investment skill you can develop is the ability to recognize and tune out four sources of investment noise: the media, experts, friends & family, and yourself.
Investing doesn’t need to be complicated to be successful. Like most people’s favorite comfort food, the basic ingredients are universal. After that, there’s no limit to what you might add to your recipe for financial security.