Active Investors’ Mental Mistakes

Many amateur investors stick to active strategies, even when the evidence shows that “it’s more than likely to be a fool’s errand,” because we allow mental shortcuts to lead us…

Rush Hour Traffic and Market Corrections

An article in CFA Institute highlights a “disappointing” statistic from a Gallup survey: “31% of investors would prefer to sit in gridlock than rebalance their portfolios,” and argues that “systematic…