People are inherently biased. It was critical to our survival in our “Hunter, Gatherer” phase. If our ancestors heard rustling in a bush, they thought it was a threat instead of a hunting opportunity. The had to have a bias toward negative outcomes to improve their chance of survival There…
Too many investors cling to a superficial identify for defining their investing strategy. Value vs growth, fundamental vs technical, large cap vs small cap, passive vs active, focused vs diversified… These categories provide an intellectually lazy way to define an investment approach & more importantly prime folks to be biased.…