Behavioral Insights to the Passive vs. Active Debate

When I present at conferences on behavioral finance matters it is not uncommon to get [...]

Increase Your Social Influence by Eulogizing the Living

This last Spring I had finished reading a few books that had to do with [...]

The Psychology of the Slippery Slope (Incentives, Biases & Gray Areas)

This week I spoke at a conference where Andy Fastow, ex-CFO of Enron, also spoke. [...]

When Profit Maximization Fails (Evernote Example)

I have been (or I should say had been) a loyal and frequent paid user [...]

The Purpose & Dangers of Apocalyptic Forecasts

I have been seeing a lot more apocalyptic forecasts lately…in my social media feeds. Previously, [...]

Why AI Concerns Me

Artificial intelligence (AI) has the potential to improve many of the tools and resources we [...]

Improving Investor Experience

Technology firms devote an incredible amount of resources to improving their users’ experience. Doing so [...]

Investing Like Sherlock Holmes

I love watching programs about Sherlock Holmes, especially the movies in which Robert Downey Jr [...]

Casinos, Investors & Variable Rewards

I was recently in Las Vegas for a few meetings and witnessed something that intrigued [...]

Another Promising Fund Goes Under

Several years ago I met a portfolio manager at an investment conference. I had just [...]

Why Haven’t Investors Panicked…Yet?

Just the other week we got our first big surprise of the year; the failure [...]

The Best Article I Have Ever Written

I have been creating behavioral finance content for eight years now. Some of the content [...]

Happy New Week!

I honestly can’t stand New Year’s Day. OK, it isn’t the day itself, especially if [...]

Is it Better to Be Nice or Honest?

What do you say – Is it better to be nice or honest? It goes [...]

We Only Anchor Up

It has been said that investors are irrational. It should also be said that humans [...]

Get On (or Off) the ARKK!

ARKK has been one of the most popular investments over the past few years. It [...]

Everything is Relative

Whenever we make a judgment or form an opinion, we make it relative to something [...]

The Goldman Touch is Not the Midas touch

In my 20+ years experience as an investment advisor, I am surprised at how much [...]

My 2nd Ride Along With St Paul Police

Last summer I rode along with a friend of mine, who is a St Paul [...]

The Unreliability of Economists & Strategists

Investors are constantly bombarded with economic and stock market forecasts. These “experts,” as they are [...]

Smart Money Makes Another Dumb Mistake

Institutional and professional money managers are sometimes referred to as “smart money.” I honestly don’t [...]

Conviction vs Overconfidence – An Example From MicroStrategy

There is a fine line between having conviction in a security (or portfolio) and being [...]

3 Costliest Mistakes Investors Make

It has been said that investing is simple, but not easy. I would agree with [...]

Earnings Season is Here. Investors Shouldn’t Care

Recent headlines excitedly announced that earnings season has arrived. This is certainly an exciting time [...]

When ‘Wait and See’ Is The Right Investment Strategy

There are times when it is easy to invest, and times when it is easier [...]