Sometimes a fund will show a great return, but the individual investor’s own return on their investment doesn’t match up. 10 years ago Carl Richards coined the term “behavior gap”…
Tag: Carl Richards
The Challenge of Recency Bias for Investors
In a recent video on the Index Fund Advisors website (IFA.com), behavior expert and author Carl Richards discussed the challenge faced by investors from recency bias—that is, the tendency to…
How to Keep Investing Perspective
By John Reese (@guruinvestor) — “Perspective shifts us from worry to options.” Wise words written by Carl Richards, CFP in his Behavior Gap email last week—and timely given the up-and-down market…