“As we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. But there ...
Pause to Think: Using Mental Models to Learn and Decide. 2024. Jaime Lester. Columbia Business School Publishing. Pause to Think offers a perfect balance of light and serious ...
I’m the most important person in behavioral finance, because most of the behavioral finance is just the criticism of efficient markets. So, without me what do they got? Eugene Fama ...
Artificial intelligence has advanced rapidly in recent years, raising expectations across the investment industry for meaningful gains in research efficiency, reporting, and risk ...
In a year marked by renewed volatility and shifting economic expectations, even the most familiar investment principles are worth revisiting. Behavioral finance concepts like loss ...
Why do smart investors repeat the same mistakes generation after generation? Because financial instincts — like fear, envy, and overconfidence — are ancient, stubborn, and terribly ...
In today’s investment environment, access isn’t the differentiator — clarity is. From AI-generated research to nonstop market commentary, information overload has become a feature, ...
The active asset management industry has reached a breaking point. After decades of thriving on high fees and growing assets, active managers now face relentless margin pressure. ...
In the history of every great catastrophe, you will find some masterly bit of stupidity set fire to the oil-soaked rags. —EDWIN LEFEVRE, author of Reminiscences of a Stock ...
The Behavioral Portfolio: Managing Portfolios and Investor Behavior in a Complex Economy. 2025. Phillip Toews. Harriman House. In The Behavioral Portfolio, author Phillip Toews — ...
Abraham Lincoln, a lawyer and the sixteenth president of the United States, is an oft-idealized and highly quoted leader with good reason. He made wartime decisions with patience, ...
Risk profiling is supposed to match an investor’s portfolio with both their ability and willingness to take risk. But “willingness” isn’t stable. It shifts with markets, headlines, ...
