Behavioral Finance: The Far-Reaching Risks of Recency as published in InsideNova.com
April 13,2018—A few articles ago, I introduced the field of behavioral finance, and the threats investors face if they ignore the emotional, instinct-driven side of money management. I promised to follow up with some of the specific biases that impact otherwise rational investors … like recency. It’s a good one to recognize if you’re wondering what to make of recent increases in market volatility.
March Madness and Investing
March 30, 2018—My favorite annual sporting event is the NCAA Men’s Basketball Tournament. I’m writing this during the first weekend and, wow, what a truly mad season it’s been so far. #13 Buffalo beat #4 Arizona, play-in Syracuse beat #3 Michigan State, and Texas A&M beat #2 UNC. Then, in an upset for the history books, the University of Maryland, Baltimore County (UMBC) Retrievers trounced UVA, the #1 team in the country. Never has a #16 underdog beat a #1 seed in the men’s tournament … by 20 points, no less!
Wolves, Sheep’s Clothing and Fiduciary Financial Advice as published in InsidaNova.com
March 16, 2018—It’s a fact of life: Not all financial “advisors” are created equally. Regulators may do their best to protect you from the sheep-cloaked wolves of Wall Street, but “buyer beware” remains my advice.