Investment decisions should be evidence-based
Evidence-based decisions are becoming more prevalent in all walks of life. Instead of subjective, ‘expert-based opinions’, evidence-based decision making objectively analyzes the best data available to make empirically supported decisions. One reason for this shift is the rapidly growing amount of knowledge humans have, due in part to the amount of research being conducted. There […]
Human pessimism hurts performance of investments
One of the most interesting aspects of investing is human nature. Understanding investments is difficult. Understanding human behaviour often seems impossible. Many times the weak link in the investment process is not the investments, it is human investors. There has been endless investment research that links poor investor decision-making as the main cause for financial […]