By Jack Forehand, CFA, CFP® (@practicalquant) — There are some areas of life where you can never have all the answers – no matter how much you know, how smart you are, or…
Tag: decision-making
5 Two-by-Two Matrixes That Can Help You Become A Better Investor
By Justin Carbonneau (@jjcarbonneau) — Imagine if all your investing decisions could be boiled down to a few simple matrixes. It would make investing, which can be complicated and complex,…
Investment Advice from Poker Star: Focus on Decision-Making Process
A recent Barron’s article highlights an interview with poker star Maria Konnikova, a writer who has “parlayed her doctorate in psychology into a career chronicling human behavior and decision-making” and…
Diverse Thinkers Equal Better Results, Study Shows
A new study by researchers at Florida State University shows that the “group decision-making process may work best when members process information a bit differently.” This according to an article…
Famous Poker Player Helps Investors Play Tough Hand
In recent interview with Barron’s, award-winning poker player Annie Duke shares insights about how investors can remove emotions from decision-making and “how global markets are really just one giant poker…
Behavioral Finance and How to Avoid Making Poor Investing Decisions
In a recent episode of the Validea podcast Excess Returns, Justin Carbonneau and Jack Forehand had an in-depth discussion about the coronavirus pandemic with Daniel Crosby, Ph.D., chief behavioral officer…
Five Steps to Improve Investment Decision Making
A recent article in CFA Institute shares five steps that investors can take to mitigate emotional and cognitive biases and improve their decision-making process: 1. Acknowledge that emotional and cognitive biases…
The Danger of Judging Decisions by Their Outcomes
Judging the quality of your decisions can be one of the most challenging aspects of investing. The process can seem simple on the surface because every investing decision you make…
Poker Prowess Offers and Edge in Investing
A new study suggests that hedge fund managers that are good at poker may have an edge when it comes to investment decision-making, according to an article in Bloomberg. “On…
Three Ways to Improve Decision-Making
In his new book Farsighted: How We Make the Decisions That Matter the Most, author Steven Johnson offers case studies on some of life’s most important decisions and examines the…
