Every year I address some of the most common client questions in a publication titled Annual Investment Review. Topics in this year’s issue include: A Framework For Making Portfolio Changes Disadvantages of Individual Bonds Myopic Loss Aversion Confirmation Bias...
How much does the cow in the picture below weigh? NPR’s Planet Money asked the internet this question and got 17,205 responses. The average of all the responses was 1,287 pounds and the actual weight was 1,355 pounds. The average was off by only five percent....
I’m back again with some of my friends from the blogging community. Check out the first and second posts from the series when you get a moment. This time I asked: What is the biggest mistake investor’s make? Barry Ritholtz, The Big Picture,...
This is the second installment in a series of questions I asked other financial bloggers (listed alphabetically). You can see responses to the first question here. What issue in the world of finance isn’t getting enough attention? Barry Ritholtz, The...
For more than three decades we’ve experienced an incredible bull market in bonds, but the current interest rate environment makes it unreasonable to expect similar returns going forward. Low returns in any asset class have a funny way of leading to bad investment...
The ability to communicate ideas succinctly is a great skill because clarity of writing usually follows clarity of thought. I’ve always been a fan of George Orwell’s six rules of writing: Never use a metaphor, simile or other figure of...
