Category Archives: Cognitive Biases
We Only Anchor Up
It has been said that investors are irrational. It should also be said that humans [...]
Conviction vs Overconfidence – An Example From MicroStrategy
There is a fine line between having conviction in a security (or portfolio) and being [...]
Investment Illusions – New Book Available Now
Over the holidays, I published my new book, Investment Illusions: 12 Common Illusions That Can [...]
Jan
Why Probability is So Difficult For Our Brains
My new book is nearing completion. INVESTMENT ILLUSIONS: 12 Common Illusions That Can Sabotage Your [...]
The Illusion of Information
I have finished writing the manuscript for: INVESTMENT ILLUSIONS: 12 Common Illusions That Can Sabotage [...]
The Illusion of Rationality
I am just finishing up writing a new book on behavioral finance and investing. I [...]
Prospective Hindsight Helped Me Be a Better Dad
Prospective hindsight is the act of placing yourself in the future and looking back. Such [...]
Bitcoin, Buffett & The Confirmation Bias
I was listening to a webinar earlier this week hosted by Ric Edelman with Matt [...]
Perception > Truth
Most people would agree that knowing a truth is important. We are driven to find [...]
Using Loss Aversion to Your Benefit
Loss aversion is an emotional bias. Basic behavioral coaching strategies are ineffective with emotional biases. [...]