Five Questions: The Importance of Narratives with Ben Hunt

By Jack Forehand (@practicalquant) One of the most important things any investor can do is to challenge their own beliefs. Confirmation bias leads all of us to seek out opinions that agree with us and then use them to confirm what we already think to be true.  That can be very dangerous, though, because you can end up missing obvious truths that are right in front of your eyes. Those who read my articles will… Read More

Robert Shiller On What Investors Should Be Worrying About

At the Inside ETFs conference in Florida last month, Yale professor and Nobel laureate Robert Shiller talked about an impending recession, the threat of nuclear war and the importance of human narratives. This according to an article in Advisor Perspectives. Here are some highlights: Shiller characterized a recession as “inevitable” but didn’t pinpoint timing. “There has to be an elevated probability of a recession this year or next year,” he said, noting that the current… Read More