Our brains are programmed to remember more recent or very traumatic events more clearly, which makes us focus on those outcomes rather than other less memorable ones. This cycle actually drives bull and bear markets. Most investors individually follow the same emotional cycle. Since the markets are driven by humans,
A lot of bad news this week. Mostly between the continued spread of the Delta Variant around America and the grim scenes and stories out of Afghanistan – it is easy to look at the sky falling around us. While personally both of those things are horrific, and I pray that
When we are facing unknown situations our brains will try to find similar situations and then use it to make decisions. This is called representativeness bias. It can be especially dangerous because we may miss some critically different situations that render the past situation useless for decision making. This applies
I am a big history nerd who enjoys thinking of how things were back in time and how people may have lived through certain events and why. The thing about history is it’s impossible to accurately view the proper response to these things because we know what the outcome
Happy Start of Election Season! Now, I know what you might be thinking, there have been countless debates, we’ve seen an endless amount of Michael Bloomberg ads, we’ve seen once popular candidates drop out, we’ve BEEN in Election Season. To which I would say, counting all of
