This is the mistake you’re most likely to make during market volatility When you hear the market has suffered a big drop, your first instinct is probably to check your investment account balances. But that is actually the opposite of … Continue reading Interpreting trends
Daniel Kahneman: Your Intuition Is Wrong, Unless These 3 Conditions Are Met Can intuition play a role in investing? According to Daniel Kahneman, a Nobel Memorial Prize-winning behavioral economist, no. During a speech given at the World Business Forum in … Continue reading Your intuitive judgment
Five Ways to Deal with Difficult Financial Challenges In an earlier blog post, I wrote that many of our personal financial problems have the characteristics of mysteries rather than puzzles. They are marked by ambiguity. They not only lack a … Continue reading Don’t let setbacks discourage you
How to Save Investors From Themselves When the stock market dropped in the early months of 2018, including a 1,175 point plunge in the Dow Jones Industrial Average on February 5, many individual investors asked, “Is it time to sell?” … Continue reading The randomness of stock market
Machine Learning in Finance – Present and Future Applications Machine learning has had fruitful applications in finance well before the advent of mobile banking apps, proficient chat bots, or search engines. Given high volume, accurate historical records, and quantitative nature … Continue reading Artificial intelligence based trading
How Do Investors Compare Index Fund Fees? Imagine that you’re searching for a new car. And you’ve found two cars from different manufacturers that are effectively the same in terms of fuel efficiency, horsepower, and style. But one costs $20,000, … Continue reading Identical funds different fees
Behavioural economics reveals the irrational decision-maker in all of us Humans are pretty complicated creatures — but that hasn’t always been reflected in the influential field of economics. Economic models based on assumptions we are fully emotionless have, however, given … Continue reading Economists are not normal
