Category Archives: Behavioral Finance Basics
Behavioral Finance Doesn’t Work
A declaration that behavioral finance doesn’t work is probably not something you expect to hear [...]
10 Destructive Behaviors of Emotional Investors
A magazine editor recently read my book, The Emotional Investor, and I gave him permission [...]
Behavioral Finance Article Published by Kitces
Michael Kitces asked me to write a guest blog on the topic of behavioral finance. [...]
InvestmentNews – Behavioral Finance Interview
At Schwab’s IMPACT conference, I was interviewed by InvestmentNews about the challenges facing advisors in [...]
Beware of Averages
We use averages often in the business of investing and financial planning. We quote averages [...]
Why This Time May Be Worse For Investors (Psychologically)
We are down about 5% from ALL TIME highs. And investors are beginning to get [...]
Aug
Do We Really Care Who Was #1 Stock Picker?
The Wall Street Journal recently published “And the No. 1 Stock-Fund Manager Is…”. I clicked [...]
The Stupidity of “Smart Money”
Calpers, one of the largest and most respected pensions in the world, is sounding desperate. [...]
How Did Wall Street’s “Smartest Investors” Fare in 2018?
Every year Barron’s gets together a roundtable of “Wall Street’s Smartest Investors” to make stock [...]
Jan
Index Funds Can and Likely Will Underperform
Underperformance is a relative term. Compared to what? When times are good, we generally compare [...]