A new study has found that investors “spend much more brain energy on buying stocks than selling them.” This according to a recent article in NPR. The study, titled “Selling…
Tag: Daniel Kahneman
Luck or Skill? Focus on the Process, not Performance.
By John Reese (@guruinvestor) — Is it better to be lucky or smart? When it comes to investing, I think we can all agree that success arises from a combination…
Behavioral Finance is Alive and Well
An article in last month’s MorningstarAdvisor provides a “brief tour through the history of behavioral finance” and offers some insights as to what might lie ahead. “Behavioral finance as a…
Morgan Housel Explains the Lure of Pessimism
“Every past market crash looks like an opportunity, but every future market crash looks like a risk,” writes Morgan Housel in a recent blog for Collaborative Fund. Housel offers insights…
To Beat Your Biases, Read Kahneman
While Nobel Prize-winning Economist Daniel Kahneman is not a believer in active management, his research is something investors and advisors should make themselves familiar with, Investment News says in a…
Advisers vs. Machines
Professional and individual investors have long had a hard time beating the broader market. And, says Mark Hulbert, the rise of computer trading programs may be making it harder than…
Battling Your Brain: How Loss Aversion Hurts Investors
Human beings are prone to a variety of behaviors that make them bad investors, and in an article for The Economic Times, Vivek Kaul looks at a major one: “loss…