Michael Mauboussin is one of the most insightful long-term thinkers in the investing world. For decades, his research has taken deep dives into markets, valuation and how we can all…
Tag: Base Rates
The Damaging Role of Biases in Investing
By Jack Forehand (@practicalquant) There are so many biases that can hurt your returns in investing that it is hard to keep track of them. There is also no shortage…
The Benefits of Base Rates
By Jack Forehand (@practicalquant) — Wall Street prediction season is upon us. It is the time of year when all the major investment banks and market pundits will issue their 2019…